Latest Finance News

Capricorn Metals has released a conceptual study indicating promising underground mining opportunities at its Orion South deposit within the Mt Gibson Gold Project, potentially boosting gold production beyond current open pit plans.

Megaport Limited has announced a fully underwritten A$200 million equity raising to fund its acquisition of Latitude.sh, a global Compute-as-a-Service platform, alongside a strategic investment to accelerate network expansion in India. The acquisition is expected to significantly enhance Megaport’s revenue and EBITDA on a pro forma basis for FY25.

Cann Group Limited has finalized a $15.3 million settlement with National Australia Bank, releasing all security and closing loan facilities as part of a broader debt restructuring. The company is advancing a $9 million new loan and a $9 million capital raise, including a share purchase plan closing November 17.

Bendigo and Adelaide Bank’s latest Basel III disclosures reveal a slight dip in capital ratios offset by improved liquidity and funding stability for the quarter ended September 2025.

Rox Resources has initiated underground mining at its Youanmi Gold Project with the first cut fired at the United North pit, backed by robust lender commitments and progressing steadily toward production.

Altair Minerals has raised A$13 million through an institutional placement led by 1832 Asset Management, fully funding an extensive drilling program at its Greater Oko Project set to begin early next year.

West Wits Mining has issued over 100 million unlisted options to Absa Bank to settle loan fees, reflecting a deepening partnership and shared confidence in the Qala Shallows gold project.

N1 Holdings Limited has expanded its funding capacity beyond $380 million through a major refinance and the launch of a new mortgage fund, positioning itself for growth in Australia's private credit market.

Archer Materials has partnered with CSIRO to develop cutting-edge quantum machine learning models aimed at revolutionizing fraud detection in financial transactions.

Elixir Energy’s upcoming Lorelle-3 appraisal well in Queensland’s Taroom Trough has qualified for a substantial federal R&D tax incentive, covering nearly half of its drilling and testing costs. This financial boost underpins the company’s ambitious plans to validate a major gas play in 2026.

Viridis Mining and Minerals has secured a pivotal non-binding Letter of Support from Bpifrance, confirming eligibility for strategic financing of its Colossus Rare Earths Project in Brazil. This milestone propels the project closer to final investment decision and strengthens its position in the critical minerals supply chain.

NexGen Energy Ltd. reported a significant net loss for the nine months ended September 30, 2025, driven by mark-to-market losses on convertible debentures and impairment charges. The company bolstered its liquidity with a $953 million equity raise post-period.