Latest Loan Facility News

West Wits Mining has locked in a comprehensive ZAR 1.115 billion project finance package with Absa Bank and Nedbank CIB, clearing a critical hurdle toward steady-state gold production at Qala Shallows by late 2028.

HITIQ Limited secured a Federal Court order extending the quotation period for its HIQOA listed options on the ASX, resolving a regulatory timing issue and validating the delayed admission.

Growthpoint Properties Australia sustains strong office leasing momentum in FY26 with 54,721 sqm executed and reaffirmed financial guidance, supported by active capital management and leadership appointments.

Vintage Energy has locked in $5 million in South Australian government grants to co-fund drilling two new gas wells, aiming to boost output from the Southern Flank projects in the Cooper Basin.

Caravel Minerals secures an additional $15 million royalty funding from Regal Resources, doubling the funder's investment to $30 million and extending an existing loan facility to 2028.

Larvotto Resources will acquire Hammer Metals in a $55 million scheme delivering a 64% premium, while Hammer shareholders retain exposure to Western Australian gold assets through a demerger.

Minbos Resources has drawn down the first US$4.8 million from its US$16 million loan facility with South Africa’s IDC, marking a key step forward for the Cabinda Phosphate Fertilizer Plant. The company has initiated orders for critical equipment and completed Phase-1 construction, with Phase-2 contracts expected soon.

Antilles Gold’s Cuban joint venture Minera La Victoria has been hit with US sanctions, prompting a suspension of the company’s direct involvement and halting trading of its shares and options.

Develop Global has greenlit major investments in its Sulphur Springs copper-zinc and Pioneer Dome lithium projects, backed by a US$400 million financing and offtake deal with Trafigura that also refinances Woodlawn.

Spenda Limited (ASX:SPX) has kicked off an $8.545 million accelerated entitlement offer at a steep discount, aiming to strengthen its balance sheet, reduce debt, and support its strategic reset towards profitability.

Range International has locked in a A$454,000 secured loan facility at 18% interest to ramp up its rental pallet fleet following early commercial success in 2026.

Sheffield Resources saw a marked improvement in ore mining and concentrate output at its Thunderbird mine in May 2026, while ongoing debt restructuring discussions with lenders remain unresolved.