Latest Loan Agreements News

The U.S. District Court has upheld the federal permit for Ioneer’s Rhyolite Ridge project, removing key legal obstacles and enabling the company to advance construction of its critical minerals mine in Nevada.

ChemX Materials has formalised a $1.2 million unsecured loan with independent investor Ovay Pty Ltd to support its working capital amid ongoing restructuring, with the loan set to convert to shares upon re-listing.

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.

Burgundy Diamond Mines’ Canadian subsidiary has expanded its tariff-related loan facility by C$60 million, reinforcing its financial resilience amid ongoing trade tensions.

Conrad Asia Energy has formally approved the Final Investment Decision for its Mako Gas Project in Indonesia, securing full funding and long-term sales contracts, with first gas expected in late 2027.

Manuka Resources has locked in a US$30 million senior secured loan facility with Nebari to refinance debt and fund production at its Wonawinta and Canbelego mines, positioning itself to capitalise on the current precious metals cycle.

Minbos Resources has locked in a US$16 million debt facility from South Africa’s IDC to fund the next phase of its Cabinda Phosphate Fertilizer Plant construction, marking a key milestone for the project’s development.

Conrad Asia Energy has triggered a US$5 million milestone payment from PT Nations Natuna Barat, marking a key step towards production at the Mako gas field targeted for late 2027. The company also resolved a cash call dispute with Empyrean, strengthening its financial footing.

Queste Communications reported a slight operating cash outflow in January 2026 but ended the month with a solid cash position supported by financing activities and investments.

Titanium Sands Limited has lodged key Industrial Mining License applications for its Mannar Heavy Minerals project in Sri Lanka, progressing environmental approvals and securing funding as the country finalises a new mineral policy.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.

Minbos Resources advances key financing deals and unveils a cost-cutting plan for its Cabinda Phosphate Project, while forming a strategic joint venture to develop green ammonia production targeting 2028.