Latest Funding News

Sunshine Metals has agreed to sell its Hodgkinson Project to EQ Resources for $250,000, freeing up capital and management bandwidth to accelerate gold production at Mt Moss and exploration at Sybil.

Elanor Investors Group has finalised a $125 million recapitalisation that slashes its cost of capital and reduces debt, setting the stage for a leaner, capital-light funds management model and imminent ASX reinstatement.

Riversgold’s farm-in partner AIS Resources reports standout rock chip assays from the Saint John Project in New Brunswick, with multiple samples exceeding upper detection limits for copper, gold, silver, and antimony. These results underpin plans for systematic exploration and drilling.

Qube Holdings confirms progress on regulatory approvals for its $5.20-per-share takeover scheme by Rubik Australia, with a shareholder meeting scheduled for June 16 and plans for a special dividend.

EQ Resources Ltd has agreed to acquire six exploration permits near its Mt Carbine tungsten mine for A$250,000, aiming to expand its regional resource pipeline and support a hub-and-spoke processing model.

Astron Limited’s updated economic study for Phase 2 of its Donald Rare Earth and Mineral Sands Project reveals a $1.5 billion incremental pre-tax NPV8 and a mine life extended to 52 years, doubling ore throughput and reinforcing the project’s long-term strategic value.

Rimfire Pacific Mining will increase its interest in the Avondale Project to 60% after Golden Plains Resources vested its 40% stake. The project holds significant scandium deposits in NSW's Fifield District, with Rimfire set to manage the joint venture and fund future exploration alongside its partner.

Dart Mining has agreed to sell four Victorian projects to Indigo Metals for $7.1 million, combining cash, shares, and a royalty on antimony production, tying its fortunes to Indigo’s upcoming ASX debut.

Diamond Infraco has officially satisfied multiple regulatory conditions in its takeover offer for Atlas Arteria, freeing the offer from several major hurdles and holding a 34.56% stake.

TechGen Metals has cleared the final regulatory hurdle to begin maiden diamond drilling at its Blue Devil Project in WA, targeting large-scale copper-gold systems with government co-funding easing exploration costs.

American West Metals has struck a significant continuous 108.4m interval of high-grade indium mineralisation at its West Desert Project, expanding the known resource and confirming a large-scale skarn system with zinc, gold, silver, and copper by-products.

OD6 Metals has exercised its option to acquire the Quinn Fluorspar Project in Nevada after validating multiple high-grade fluorspar zones and historical data, positioning itself to tap into critical US mineral demand.