Latest Funding News

29Metals delivered a solid December 2024 quarter, meeting production and cost targets while strengthening its balance sheet through a $180 million equity raising and senior debt refinancing. The company is poised to extend its Golden Grove mine life with the Gossan Valley investment.

Regener8 Resources has completed maiden drilling at its East Ponton project, confirming Mulga Rock-style polymetallic mineralisation with notable gold, nickel, and cobalt intercepts. The company now shifts its exploration focus to the promising North Achilles project in New South Wales.

Noxopharm’s December 2024 quarterly report reveals expanding global interest in its Sofra technology through new Material Transfer Agreements and a strengthened cash position following a significant R&D tax rebate.

DY6 Metals reports encouraging metallurgical sampling results at its Tundulu rare earths project alongside strategic cost reductions and a successful loyalty options offer, positioning the company for focused exploration in Malawi.

Vault Minerals delivers a robust December quarter with nearly 98,000 ounces of gold produced and strong cash flow, while committing $80 million to expand its King of the Hills processing facility.

Terrain Minerals has reopened its strategic placement to raise an additional $150,000 at a premium price, attracting a specialist micro-cap fund and reinforcing confidence in its gallium and base metals projects.

Truscott Mining Corporation reports significant progress in its Tennant Creek gold projects, underpinned by robust research and plans for expanded drilling funded through new capital raising.

Mount Hope Mining has marked a pivotal December quarter with a successful ASX listing and a $5 million capital raise, setting the stage for advanced exploration in the prolific Cobar mining district.

Metals Australia Ltd reported robust progress in its December 2024 quarter, including a drilling permit award and a threefold land increase at its Lac Carheil Graphite Project, alongside advancing prefeasibility and metallurgical studies. Exploration success at Corvette River and Warrego East further underscores the company’s diversified critical minerals and gold portfolio.

Peak Minerals has secured an 80% stake in key uranium and rutile projects in Cameroon and launched a significant drilling campaign at the Minta Rutile Project, marking a pivotal step in its exploration strategy.

MEC Resources has successfully completed a $2.65 million entitlement offer and resumed trading on the ASX after nearly five years of suspension. The company is now focused on advancing its energy investments, including navigating ongoing legal issues with its Advent Energy joint venture.

Richmond Vanadium Technology has submitted its draft Environmental Impact Statement for the Richmond - Julia Creek Vanadium Project and progressed innovative metallurgical test work, positioning itself for a development decision in 2025.