Latest Funding News

Prospect Resources has agreed to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift to focus on its larger Mumbezhi Copper Project in Zambia. The deal includes upfront and milestone payments tied to the buyer's development progress.

Infinity Mining has raised A$1 million through a discounted placement to accelerate exploration in Victoria and advance its innovative mineral extraction partnership at the Cangai Project.

Galan Lithium has completed a $20 million strategic placement with Clean Elements, fully funding Phase 1 construction of its Hombre Muerto West lithium project in Argentina, with production on track for mid-2026.

Red Mountain Mining is set to list on the US OTCQB exchange, offering US investors direct access to its shares while expanding its portfolio of critical antimony assets in key US mining districts.

Mont Royal Resources has re-listed on the ASX following a merger with Commerce Resources, bringing the Ashram Rare Earth and Fluorspar Deposit in Québec to the forefront of North American critical minerals development.

Sky Metals has launched a major drilling campaign at its Tallebung Tin Project in NSW, aiming to expand newly discovered high-grade tin, silver, and tungsten zones and update its resource estimate by early 2026.

Hansen Technologies has agreed to acquire UK-based Digitalk for approximately A$66.4 million, aiming to boost its recurring revenue and global communications footprint. The deal is expected to be immediately accretive to earnings and completed by year-end 2025.

Temas Resources has launched an accelerated 2,500-metre drilling campaign at its La Blache titanium-vanadium project in Quebec, aiming to refine resource estimates and advance proprietary processing technology.

Mithril Silver and Gold Limited reports impressive high-grade silver and gold intercepts from initial drilling at Target 5 within the Copalquin District, Mexico, confirming a new silver-rich zone with ongoing exploration underway.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Summit Minerals has closed its entitlement offer with just over a third of shares taken up, leaving a significant shortfall to be allocated by the underwriter. The funds raised will support exploration in Brazil and corporate activities.

Lefroy Exploration has secured final approvals for the Lucky Strike Gold Mine, setting an accelerated timeline for mining and first gold production by March 2026. Partnering with BML Ventures, the company is poised to transition into gold production with strong financial backing.