Latest Finance News

Theta Gold Mines has reported significant progress in constructing its TGME Gold Project in South Africa, securing A$60.7 million in funding and maintaining a clear path to first gold production by late 2026.

State Gas Limited has independently certified a maiden 2P gas reserve of 30.2 PJ at its Rolleston West Project, underpinning plans for a 10TJ/day gas development. The company also raised $3.2 million through convertible notes to accelerate pre-development activities.

Aspire Mining has taken a major step forward in developing its Ovoot Coking Coal Project by signing a $69.9 million EPC contract and gaining government backing for a key highway project, positioning the company for first coal exports by late 2027.

Ausmon Resources advances its rare earth elements exploration in South Australia’s Limestone Coast, unveiling promising drilling results and plans for detailed grid drilling in 2026. Concurrently, the company pursues base metals and gold prospects in New South Wales and Queensland.

Gibb River Diamonds has progressed mining operations at its Edjudina Gold Project with ore processing underway and first cash proceeds expected early this year. Despite a pit wall incident, operations resumed smoothly under a joint venture with BML Ventures.

Admiralty Resources has ramped up production at its Mariposa Iron Ore Project in Chile, securing key contracts with Trafigura and Compañía Minera del Pacífico amid ongoing audit delays.

Talga Group has reported a quarter of significant commercial and regulatory progress, including its largest anode shipment, expanded product offerings, and major mining approvals in Sweden, supported by substantial capital raises and new patents.

Hartshead Resources NL has entered a binding agreement to be acquired by ACAM for approximately A$40 million, offering shareholders a 133% premium and certainty amid UK gas project risks. The deal advances development of the P2607 gas fields with strong backing from partners and regulators.

Kaili Resources has reported promising rare earth element assay results from its South Australian tenements and launched a new focused drilling campaign at the Mallee Project, signalling a step forward in its exploration ambitions.

Qualitas Real Estate Income Fund has concluded its recent rights issue without issuing any shortfall units, a move it says benefits unitholders. The decision finalises the capital raising process initiated in November 2025.

Burgundy Diamond Mines reported a mixed Q4 2025 with operational challenges at Ekati and a significant C$115 million loan secured, while trading remains suspended pending regulatory remediation.

Hawk Resources has kicked off drilling at its Cactus copper-gold project in Utah, targeting a significant geophysical anomaly extension, while advancing access negotiations for its promising Olympus scandium project in Western Australia.