Latest Funding News

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

ADX Energy has raised A$3.5 million through a placement to fund key gas exploration projects in Austria and Italy, alongside plans for a strategic dual listing in Oslo.

QMines Limited has successfully raised over $1 million through its Share Purchase Plan, aiming to accelerate exploration at its Mt Mackenzie gold and silver project. The new shares are set to be issued mid-November, marking a key step in the company’s growth strategy.

Celsius Resources has raised £0.53 million through a share placement on AIM, providing essential working capital as it progresses feasibility studies and financing for its MCB Project.

MotorCycle Holdings has uncovered vehicle registration duty underpayments of up to $3.5 million across its Australian operations, prompting voluntary disclosure and system overhauls.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary gold target with promising results and is set to begin Phase 2 drilling, while advancing a broader portfolio of base metal prospects and regional land acquisitions in the prolific Cobar Basin.

Superior Resources Limited has lodged a transaction specific prospectus to offer 1,000 new shares at $0.01 each, enabling previously issued shares to be sold without further disclosure. The move addresses regulatory compliance while raising minimal funds.

Star Minerals has inked a pivotal Right to Mine Agreement with MEGA Resources and Bain Global Resources, unlocking $20 million in funding and operational support for its Tumblegum South Gold Project, aiming for production in early 2026.

Propel Funeral Partners reported strong FY25 financial results with revenue growth and a healthy balance sheet, alongside a seamless leadership transition and ongoing acquisition activity.

Paladin Energy reported a reduced net loss of US$9.9 million for Q1 FY2026 and completed a significant A$300 million equity raise to fund key uranium projects. The company also faces shareholder class actions alleging misleading production guidance.

Temas Resources has completed 1,000m of a 2,500m diamond drilling program at its La Blache project in Quebec, targeting expansion of titanium and critical minerals resources. Early signs of gallium and scandium add to the project's potential value.

Orezone Gold Corporation reported solid Q3 and nine-month 2025 results from its Bomboré gold mine, with production slightly down but revenue boosted by higher gold prices. The company’s hard rock expansion is on track for first gold in December 2025, supporting its 2025 production guidance.