Latest Financing News

WIN Metals has lodged two major Western Australian permit applications covering the proposed restart of its Radio Gold Project. The milestone advances the project toward construction, but funding, approvals and a final investment decision remain outstanding.

MetalsGrove Mining has expanded its Côte d’Ivoire gold footprint and begun a 10,000-metre auger campaign, but its FY2026 annual report carries a material going-concern uncertainty. The company ended the year with $1.97 million in cash after raising $2.70 million, while exploration commitments due within 12 months total $1.09 million.

Bannerman Energy has completed CNOL’s US$320.4 million strategic investment in the Etango uranium project, giving the joint venture approximately US$303 million in cash and a debt-free construction pathway. The project now moves towards a Final Investment Decision and full-scale construction targeted for Q4 2026.

Stellar Resources has lifted its Heemskirk tin resource to 115.3kt of contained tin while technical studies move toward a prefeasibility study outcome. The company is better funded, but remains pre-revenue and faces the usual capital, permitting and execution hurdles of mine development.

Caspin Resources has reported its strongest Bygoo tin intersection to date, while early test work points to 83.8% tin recovery into a high-grade concentrate. The gains come with familiar exploration-stage caveats: a $5.70 million annual loss, $5.03 million of operating cash outflow and continued reliance on equity funding.

Tungsten Mining has appointed Jefferies Australia to pursue strategic investors for its Watershed tungsten project, adding a global investment bank to a funding campaign already covering debt, offtake and government support. The move expands the options around a project with a reported A$1.309 billion pre-tax NPV8, but no funding deal or Final Investment Decision has been secured.

2 Cheap Cars has opened FY27 with a sharp lift in unaudited profit and margins, even as vehicle volumes declined. The improvement arrives alongside Sena & Co’s increased NZ$0.90-per-share takeover offer, which remains conditional on reaching 90% voting control by 30 September.

Australian Rare Earths has converted Koppamurra from an exploration story into a defined rare earths development case, with an A$858 million after-tax PFS NPV and a maiden Ore Reserve. The next test is less geological than financial: the company must fund the path from pilot processing to construction while carrying a material going-concern warning.

Australian Silica Quartz Group is shifting its centre of gravity from exploration to development after adding the 47.3Mt White Swan Kaolin Project. The project has an approved 250,000-tonne-per-year mining concept, but commercial offtake and feasibility work remain ahead.

Cobalt Blue has cleared important technical and regulatory hurdles at its Kwinana refinery, but the pre-revenue developer says further funding is needed and auditors flagged material uncertainty over its ability to continue as a going concern. The company reported an A$8.797 million loss for FY2026 despite ending the year with A$4.265 million in cash.

Fin Resources’ first drilling campaign at Cabin Lake delivered gold in all eight holes, including two high-grade shallow intersections at Arrow. But the ASX-listed explorer also reported a sharply wider loss, a major impairment and an auditor-highlighted material uncertainty over its ability to continue without further capital.

Nimy Resources has paired a maiden gallium resource and encouraging metallurgical recoveries with a sharp warning about funding pressure and an unresolved Lind legal dispute. The explorer ended FY2026 with $3.92 million in cash, but a $4.76 million Lind liability and an auditor-flagged going-concern uncertainty remain central risks.