Latest Finance News

MinRex Resources has finalized its merger with Electrum Discovery, creating a well-funded ASX-listed explorer with advanced gold and copper projects in Serbia and Australia. The deal brings Electrum’s Tlamino Gold Project and Timok East Copper-Gold targets into MinRex’s portfolio, alongside its existing Sofala Gold Project in New South Wales.

Power Minerals has completed due diligence on the Morro do Ferro rare earths project in Brazil, revealing exceptional magnetic rare earth oxide grades that underpin plans to finalise acquisition and ramp up exploration.

Centaurus Metals has drawn strong non-binding offers from ten international financiers totaling up to US$320 million to fund its Jaguar Nickel Sulphide Project in Brazil. The company aims to appoint a lead financier by Q3 2026 alongside its Final Investment Decision.

Vulcan Energy’s Lionheart Project in Rhineland-Palatinate will benefit from a five-year royalty exemption on lithium production, reinforcing Germany’s push for domestic critical material supply and boosting the project’s economic outlook.

Atomos Limited is acquiring Flanders Scientific to deepen its foothold in professional reference monitors, funded by a new $10 million CBA loan. The deal is immediately earnings accretive and broadens Atomos’ video production ecosystem.

Anson Resources has recorded lithium grades of up to 148ppm from drilling fluids at its Mt Fuel-Skyline Geyser well in Utah, supporting a significant upgrade to its Green River Lithium Project resource estimate.

Champion Iron has finalized its US$300 million acquisition of Norwegian iron ore producer Rana Gruber, securing over 92% ownership and setting sights on full integration and delisting. The deal enhances Champion's high-purity iron ore portfolio and strengthens its position in the green steel supply chain.

GoldArc Resources and BML Ventures report strong high-grade gold intercepts from a 34,000m grade control drilling program at Mt Stirling, accelerating the path to mining with zero capital risk for GoldArc.

Neometals has formalised a joint venture with BML Ventures to fund and operate open-cut mining at the Ironclad deposit, paving a near-term path to gold production at the Barrambie Gold Project.

Robex Resources shares will halt trading on the ASX from April 10 following court approval of its merger with Predictive Discovery, marking a key step toward creating a major West African gold producer.

DGL Group Limited (ASX: DGL) posted a statutory net loss of $12.8 million for the half year ended December 2025, impacted by non-cash write downs and operational costs, while progressing strategic initiatives including warehouse expansion and a new liquid waste treatment plant.

Whitehaven Coal (ASX:WHC) has entered a US$600 million senior secured syndicated loan facility with a 4.5-year tenor, aimed at refinancing existing debt, lowering funding costs, and extending debt maturity. The facility reflects lender confidence in the company’s financial discipline and credit profile.