Latest Finance News

Sunrise Energy Metals has won a key financial reprieve with acceptance into New South Wales’ Critical Minerals Royalty Deferral Scheme, supporting the development of its Syerston Scandium Project, a rare scalable source outside China critical for advanced technology supply chains.

Ausgold Limited is accelerating development at its Katanning Gold Project, with siteworks underway, modular accommodation nearing completion, and key engineering and power contracts signed to support a final investment decision by end-2026 and first gold production in mid-2028.

Genesis Minerals has tabled a binding A$5.6 billion merger proposal for Vault Minerals, offering a mix of shares and cash that values Vault at a premium to a rival bid. The combined entity would dominate the Leonora-Laverton gold district with significant operational synergies and a strong balance sheet.

Genesis Minerals has tabled a binding offer to acquire Vault Minerals for approximately $5.6 billion, outbidding a prior scheme with Regis Resources and triggering a five-day matching period.

AuMEGA Metals appoints Rafael Gradim as President, replacing Michael Skead, to spearhead exploration across its significant Newfoundland gold portfolio.

Taiko Critical Minerals secures a conditional NZ$20 million government funding offer to co-finance a NZ$40 million wet separation plant at Barrytown, boosting project credibility and accelerating development plans.

CDC’s independent valuation jumped 23.6% to a mid-point of A$18.5 billion, propelled by contracted capacity exceeding 1GW and a major pipeline expansion to 3.9GW. Infratil’s nearly 50% stake now values at over A$9.2 billion.

Australian Unity has secured $200 million through a private placement of wholesale debt, using part of the proceeds to buy back $51.5 million of its Series D Bonds ahead of their December 2026 maturity.

Neu Horizon Uranium Limited, formerly Tasmania Data Infrastructure, has pivoted from bitcoin mining to uranium exploration in Sweden, reporting a reduced loss for FY25 while progressing towards an ASX listing and expanding its footprint into Canadian mineral claims.

Cann Group has boosted its private credit loan facility by $2 million to facilitate the early redemption of convertible notes, maintaining its debt restructuring momentum.

Dataworks Group has arranged a $1.5 million unsecured working capital facility with a three-month term and 18% interest, aiming to strengthen liquidity and support ongoing and new commercial contracts without diluting equity.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.