Latest Lending News

Elixir Energy has marked a pivotal step in developing Queensland’s Taroom Trough gas resource with the successful drilling of the Lorelle-3 well and ambitious appraisal plans set for 2026. Positioned near key infrastructure and backed by major players, the company is poised to accelerate commercialisation efforts in this emerging energy hub.

Humm Group has appointed CEO Angelo Demasi as Managing Director, reinforcing governance and leadership alignment amid ongoing transformation efforts.

Westgold Resources has locked in a $600 million unsecured revolving credit facility with top-tier lenders, enhancing its financial flexibility and liquidity to support future growth.

Sunshine Metals has launched a significant resource definition drilling program at its high-grade Liontown Gold Panel, aiming to bolster underground mining prospects and update resource estimates.

Bayan Mining has secured U.S. Bureau of Land Management approval for an expanded drilling program at its Desert Star rare earth project, enabling deeper exploration of high-grade targets near the Mountain Pass mine.

Red Mountain Mining has revealed strong assay results extending high-grade antimony mineralisation at its Oaky Creek Prospect in New South Wales, highlighting new drill-ready targets ahead of planned Q2 2026 drilling.

Vertex Minerals has renegotiated a $3 million loan and secured an additional $1.5 million facility to support underground development and gold production at its Reward Gold Mine, aiming to repay from positive cash flow in 2026.

Sky Metals reports significant new high-grade tin-tungsten-silver drilling results at its Tallebung Tin Project, confirming southern extensions and initiating the NSW State Significant Development approval process.

Group 6 Metals Limited has reported a striking turnaround with a $25.6 million revenue haul and a return to profit, driven by soaring tungsten prices and operational gains at its Dolphin Tungsten Project. The company is now gearing up for underground mining to sustain growth.

Western Ridge Resources has identified several promising shallow mineral targets at its Keystone Project in Nevada, backed by a fully funded 19-hole drilling program set to commence soon.

Stakk Limited defies the tech sector slowdown by securing nine new institutional clients in February, adding $1.67 million in annualised recurring revenue and reinforcing its AI-driven platform’s market traction.

Terragen Holdings’ biostimulant Great Land Plus® has been independently shown to increase maize silage yields by up to 12%, translating into an estimated $1,100 additional revenue per hectare and a potential 20-fold return on investment.