Latest Funding News

Peninsula Energy has completed a fully underwritten A$36.1 million equity raising, supplemented by a US$30 million convertible debt facility, bolstering its financial firepower as it ramps up uranium production at its Lance Project.

Lindian Resources has cancelled 13 million performance rights held by a former executive chairman, sparking uncertainty as a potential $10 million claim looms.

Swift TV Ltd has secured $2.33 million through a $1.9 million placement and a $430,000 debt conversion, boosting its capacity to deliver contracted deployments and expand recurring revenue streams.

PolarX Limited confirms multiple exceptional copper assays at its Alaska Range JV, extending mineralisation and kicking off a major 10,000m drilling campaign funded by Northern Star Resources.

Mont Royal Resources has unveiled an updated Preliminary Economic Assessment for its Ashram Rare Earths Project, confirming robust economics and a long mine life with strategic importance for Western critical minerals supply chains.

Koonenberry Gold’s maiden diamond drilling at Postman’s Gully within the Enmore Project has confirmed substantial gold mineralisation associated with the Borah Fault, revealing promising intersections up to 12m at 1.02g/t Au and extending mineralisation open in multiple directions.

Bellavista Resources kicks off a major drilling campaign targeting a shallow 1 million ounce portion of its 2.8 million ounce gold resource at Pickle Crow, Canada, aiming to unlock open pit mining opportunities amid soaring gold prices.

Lodestar Minerals (ASX:LSR) confirms large-scale IOCG mineralisation in Chile and high-grade heavy rare earths in the USA, while progressing a 10,000m gold drilling program in Western Australia targeting a maiden resource.

VEEM Limited has finished its factory extension and installed new machinery, setting the stage for a stronger second half of FY26 and anticipated growth in FY27 driven by defence contracts and marine propulsion innovations.

PLC Resources has initiated a government-backed airborne geophysical survey at its Abbotts North Gold Project, setting the stage for new target identification while awaiting assay results from its maiden drilling at Rochefort.

Thor Energy’s latest soil air geochemistry survey at its HY-Range Project in South Australia has recorded natural hydrogen concentrations up to 3%, far surpassing previous readings and validating key exploration areas ahead of a major seismic survey.

Celsius Resources disputes Kiri Industries’ takeover of loan rights and offtake negotiations at Makilala Mining, triggering emergency arbitration amid ongoing project financing tensions.