Latest Funding News

Manuka Resources has secured significant funding and restructured debt to support the restart of its Australian mines, while awaiting a pivotal environmental decision on its New Zealand Taranaki VTM Project.

Magmatic Resources has completed its maiden drilling at the Weebo Gold Project, revealing promising high-grade gold mineralisation and securing a $3.5 million exploration budget for its Myall JV with FMG Resources.

GoldArc Resources Ltd has completed a strategic rebrand and capital consolidation, raising A$3.2 million to accelerate exploration at its Leonora Gold Projects, where recent drilling confirmed significant high-grade gold mineralisation and identified new priority targets.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading US-focused uranium developer with a diversified project portfolio. The announcement also highlights a maiden high-grade resource at Maybell and ongoing promising drilling at Pine Ridge.

Coppermoly Limited reported ongoing exploration activities in Queensland's Mt Isa region with mixed drilling results, while securing a strategic acquisition in Western Australia targeting critical minerals. The company faces a cash outflow of $701,000 but plans further geophysical surveys to refine drilling targets.

Equinox Resources reports promising rare earth results in Brazil while facing a legal challenge over Aboriginal heritage sites at its Hamersley Iron Ore Project in Western Australia. The company also divests a Canadian asset and prepares for leadership changes.

Green Technology Metals advances its Ontario lithium projects with new mining leases, a significant rubidium discovery, and a $4.5 million capital raise to fuel development.

Pioneer Lithium has sharpened its focus on North American critical minerals, advancing uranium, antimony, and tungsten projects while securing $750,000 in fresh capital to fund exploration and working capital.

Provaris Energy has advanced its hydrogen and carbon dioxide storage technologies through strategic partnerships and a new Norwegian fabrication facility, setting the stage for commercialisation in European energy markets.

Cavalier Resources has raised $2.14 million through a discounted share placement to fund a 5,000m extensional drilling program at its Crawford Gold Project, aiming to underpin future mining stages. The revised Pre-Feasibility Study confirms robust economics with a strong NPV and IRR.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.

Greenwing Resources advances its polymetallic Que River project with a positive scoping study, while monetising assets in Madagascar and maintaining a strong lithium resource in Argentina.