Latest Mineral Exploration And Development News

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Mont Royal Resources Ltd has lodged a replacement prospectus to raise between A$8 million and A$10 million, supporting its merger with Commerce Resources Corp and advancing critical minerals projects in Quebec, Canada.

Dome Gold Mines has successfully closed its Share Purchase Plan, raising $366,000 to support ongoing exploration and development in Fiji. The company is advancing key projects including the Sigatoka mineral sands and Ono Island gold ventures.

EV Resources has confirmed a $1 million follow-on investment from Tribeca Investment Partners, reinforcing confidence in its antimony projects amid rising global demand for critical minerals.

My Foodie Box Limited is set to pivot from meal kits to mining by acquiring Australian gold, copper, and rare earth projects, renaming itself Tarrina Resources, and relisting on the ASX with a $5 million capital raise.

Everest Metals Corporation reveals significant progress in its gold projects and leads the development of Australia’s first rubidium industry, positioning itself at the forefront of critical minerals innovation.

Hot Chili Limited has announced a non-renounceable entitlement offer aiming to raise approximately A$14 million to advance its strategic partnering efforts and drilling programs. Eligible shareholders can subscribe for new shares at 60 cents each, with funds earmarked for exploration and corporate purposes.

Nova Minerals supports the permit application for the West Susitna Access Road, a vital infrastructure project set to enhance mining access and economic growth in Alaska’s resource-rich region.

Power Minerals Limited has launched a new options offer linked to a recent $1.3 million placement, alongside updates on key project acquisitions and divestments. The prospectus outlines significant risks and strategic directions as the company navigates growth and financial challenges.

Matsa Resources has received a significant A$5 million option fee from AngloGold Ashanti, marking a key milestone in their Lake Carey Gold Project partnership. This payment underlines the progressing $101 million deal between the two mining companies.

Orion Minerals has obtained a $0.5 million unsecured loan facility from a company linked to its chairman, aimed at bolstering working capital ahead of potential funding events.

FireFly Metals Ltd has announced a flow-through share offer aiming to raise approximately A$11.2 million, targeting Canadian investors to fund regional exploration drilling. This offer complements a broader capital raising strategy to advance development at the Ming Mine and other key projects.