Latest Financials News

CZR Resources faces ongoing delays in FIRB approval for its $102 million Robe Mesa sale, prompting a strategic pause in exploration and an extension of its loan facility to sustain operations.

Variscan Mines has announced a transformative update to its Novales-Udías Project, tripling its zinc-lead Mineral Resource Estimate and raising over $2 million to advance development. Drilling is underway with a Mine Re-Start Study on track for mid-2025.

Triton Minerals has secured A$17 million from the sale of a 70% stake in its Mozambique graphite assets, while progressing environmental approvals and unveiling promising high-grade gold and copper results at its new Aucu project.

Cavalier Resources has successfully raised A$1.735 million through a rights issue, positioning the company to advance its Crawford Gold Project amid record gold prices and promising exploration results.

GWR Group Limited reports completion of phase two drilling at its Prospect Ridge Magnesium Project with assay results pending, while divesting its Hatches Creek interest to bolster focus and capital for growth.

Ragnar Metals advances its Swedish exploration with a significant spodumene pegmatite discovery at Orrvik and promising uranium assays at multiple new projects, while strengthening its strategic position through a key investment in Kaiser Reef.

Strata Minerals Limited has identified four significant drill targets at its Penny South Gold Project in WA and is set to commence its maiden drilling program in February 2025, signaling a major step forward in its exploration strategy.

Conico Ltd is exploring strategic options to enhance its Mt Thirsty cobalt-nickel project while navigating a significant arbitration ruling over drilling contracts in Greenland. The company also signals ongoing evaluation of new mineral exploration opportunities.

Wellnex Life Limited reported a 36% rise in Q2 FY25 cash receipts and record monthly sales, while advancing its dual listing on the London Stock Exchange and expanding into the UK market.

Saferoads Holdings reported a slight revenue dip in Q2 2024 but advanced toward selling its Road Safety Rentals business, while securing approval for a new crash barrier system.

Alchemy Resources Limited reported a slight $15,000 cash outflow in its December 2024 quarter, maintaining a solid cash balance of $2 million as it continues to invest in exploration activities.

Alchemy Resources Limited has received FIRB approval for its joint venture with JOGMEC on the Karonie Gold-Lithium Project, advancing exploration activities with significant soil sampling and drilling underway.