Latest Lead News

OD6 Metals has secured A$6.92 million from institutional and sophisticated investors to advance drilling, bulk sampling and resource definition at its Quinn Fluorspar Project in Nevada. The funding also sets up a proposed rebrand to Adaven, but brings dilution and a substantial package of shareholder approvals.

Aspen Group delivered a stronger-than-expected first quarter, with net rental income up 16% and realised development profit nearly doubling to $7.9 million. The company maintained its FY27 targets, while warning that weaker economic conditions could disrupt development settlements.

Finder Energy has extended the Kuda Tasi and Jahal project’s Final Investment Decision deadline to 30 November, after widening its international EPCI tender process. The company says debt financing is nearing its final stages, but the delay adds another checkpoint before its late-2027 drilling target.

BMC Minerals has intersected significant silver, zinc, gold, copper and lead mineralisation in all nine reported holes at the Rhyolite Peak prospect, 1.2km from its proposed ABM mine. Six further assays are pending as the company moves toward completing its 20,000m 2026 drilling program.

Maritana Minerals has secured the final statutory approval for its 2.5Mtpa Black Swan Processing Hub in Western Australia and extended early works with GR Engineering Services for an additional A$6.5 million. The project remains aimed at first gold in the second half of calendar 2027, although the EPC contract is still being finalised.

Peregrine Gold has secured $2.25 million through a discounted placement backed by major shareholder Mark Creasy, Lion Selection Group and company directors. The funding is earmarked for maiden drilling and broader gold and iron ore exploration in Western Australia, subject to heritage and Programme of Work approvals.

Mamba Exploration has secured a $6.0 million placement, attracted a $500,000 investment from New Murchison Gold and added former Westgold founder Peter Cook as a strategic adviser. The funding will support drilling at Meeka East and a staged earn-in over the early-stage Poison Hills project, where selective rock chips returned high silver, gold, copper and lead grades.

Iltani Resources has secured firm commitments for a $4.6 million placement, anchored by a $1.5 million investment from QIC’s Queensland Critical Minerals Fund. The funding will support a 145-hole drilling program at the Orient Silver-Zinc-Indium Project before the wet season, with further work planned in 2027.

Patriot Resources has completed 38 surface samples at its Tassa silver-gold project in Peru, where mapping identified a 120-metre breccia interpreted as the upper part of a preserved epithermal system. The company is now moving south into the newly acquired Tassa 5 tenement while its maiden drill permit application progresses.

Capstone Copper has agreed to sell its Cozamin mine in Mexico to Luca Mining in a deal featuring US$275 million upfront and as much as US$110 million in deferred and copper-linked payments. The proposed sale would give Capstone fresh balance-sheet capacity while preserving indirect exposure to the asset through Luca shares.

Aeris Environmental’s FY2026 annual report pairs international commercial progress with a $5.03 million operating cash drain, $9.22 million in net liabilities and an auditor-highlighted material uncertainty over its ability to continue as a going concern. The company says it will need extended related-party loan terms and further funding while converting its technology and chemicals pipeline into recurring revenue.

Pacific Current Group finished FY2026 with no financial debt, A$158 million in cash and a strategic review that could lead to a transaction, a sale or delisting. The balance-sheet repair came alongside lower underlying earnings, a statutory loss and a sharp decline in Victory Park valuations.