Latest Legal Due Diligence News

Golden Dragon Mining Ltd is set to raise $5 million through an IPO, aiming for ASX listing with a portfolio of promising gold and nickel exploration projects in Western Australia.

Medallion Metals has partnered with global commodity trader Trafigura to secure up to US$50 million in funding and a 7-year copper and gold offtake agreement, advancing its Ravensthorpe Gold Project development.

Asian Battery Metals PLC has successfully raised $6 million through an oversubscribed equity placement, positioning the company to advance exploration and acquisition efforts across its Mongolian battery metals projects.

Altitude Minerals has secured an exclusive option agreement to acquire the Firenze Silver & Gold Project in Nevada, boasting exceptional surface assays and poised for drilling in 2026.

Critical Resources Limited has completed due diligence on the Cap Burn Gold-Antimony project in New Zealand and is moving forward with acquisition and exploration plans, aiming to start drilling by October or November 2025.

Rubix Resources has entered a non-binding agreement to acquire bauxite exploration projects in Cameroon and Congo, with a structured payment plan including cash, shares, and performance rights tied to resource milestones.

AuKing Mining has achieved a critical due diligence milestone with Nebari, paving the way for an A$8 million credit facility to accelerate development of its Cloncurry Gold Project in Queensland.

Energy World Corporation Ltd reports a remarkable turnaround to a $346 million profit for FY25, driven by a $390 million gain from debt restructuring and the sale of a key Indonesian asset. The company faces funding challenges as it advances LNG and power projects in Southeast Asia.

Galan Lithium has cleared all hurdles for a $20 million placement to Clean Elements Fund, unlocking funding to complete Phase 1 of its Hombre Muerto West lithium project with production slated for early 2026.

Askari Metals has confirmed the legal validity of its Nejo Gold and Copper Project licences in Ethiopia, paving the way for a comprehensive exploration campaign in a highly prospective mineral region.

Tombador Iron Limited has secured a significant tax refund from Brazil, boosting its cash position as it awaits further approvals on additional claims.

Manuka Resources has boosted the net present value of its Cobar Basin silver and gold project to A$153 million, driven by higher commodity prices, while advancing financing talks and exploring a Mt Boppy open pit cut-back to enhance production.