Latest Funding News

Element 25 has taken a tangible step forward in its Butcherbird Expansion Project with the arrival of a critical processing component, a custom-built logwasher, at Fremantle Port. The project remains on schedule for commissioning in early 2027, underpinning the company’s plan to boost manganese concentrate output to 1.1 million tonnes per annum.

Charger Metals has expanded its Medcalf Lithium Inferred Mineral Resource Estimate by 34% to 10.6 million tonnes at 1.0% Li2O, with tantalum grades also impressively high. The adjacent Medcalf West target adds further upside as Charger refocuses on advancing Lake Johnston.

Gateway Mining’s initial aircore drilling at Great Western reveals a 4km gold-mineralised dolerite unit with high-grade silver zones, indicating a broad hydrothermal system with significant exploration upside.

Osteopore Limited has completed another incremental drawdown of A$250,000 on the second tranche of its redeemable convertible notes, continuing its steady funding progress under a A$20 million subscription agreement with Advance Opportunities Fund.

Killi Resources has received regulatory approval to launch a major drilling campaign at its newly acquired Lodestone iron ore project, aiming to expand and upgrade a 110Mt inferred resource with a high-purity magnetite concentrate.

Southern Cross Electrical Engineering (ASX:SXE) has launched a non-underwritten Share Purchase Plan targeting up to $15 million at $4.00 per share, matching its recent institutional placement price. The raise aims to support working capital for new projects and provide flexibility for future acquisitions.

Calix’s Leilac unit has teamed up with Ambuja Cements to trial a commercial-scale carbon capture retrofit at the Sanghi plant, aiming to slash emissions and fuel costs without upfront capital.

Ore Resources Ltd has revealed new assay results from a 3,300m RC drilling program at its Kangaroo Hills Lithium Project, confirming significant extensions at the Big Red and Potoroo pegmatites and advancing near-term commercialisation options.

Leeuwin Metals has uncovered multiple significant historical gold intercepts at its Marda Gold Project’s Red Boomerang and Deception Hill prospects, expanding exploration potential beyond the existing 342,300oz resource. Drilling plans for the second half of 2026 are progressing alongside a resource upgrade and assay results from 55 pending holes.

Iluka Resources has secured a multi-year, take-or-pay rare earths supply contract with a major automotive company, aligning with its Eneabba refinery ramp-up and backed by a $1.65 billion government loan for refinery completion.

Dreadnought Resources has nearly doubled the high-confidence Indicated gold resource at its Metzke’s Find deposit in WA’s Illaara Project, lifting total ounces to about 25,000 at a robust 5.2 g/t grade. The shallow, high-grade resource sits on a granted mining lease and remains open for expansion.

Basin Energy's maiden drilling at Newmans Prospect outlines a 3.3 km corridor of magnet rare earth mineralisation, validating a preserved-weathering exploration model and identifying two priority target zones for follow-up.