Latest Mining Capital Raise News

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Somerset Minerals (ASX:SMM) has kicked off a $3.17 million capital raise combining a $2 million placement and a $1.17 million entitlement offer, aiming to advance exploration at its Coppermine copper project in Nunavut, Canada. The offer includes attaching options and management incentives, with participation restricted to shareholders in select jurisdictions.
Maxwell Dee
Maxwell Dee
1 July 2026
Variscan Mines (ASX:VAR) has secured $690,000 in the first tranche of a $5 million placement, issuing 174 million shares at $0.004 each to new sophisticated investors. The capital raise supports ongoing development at the Novales-Udias zinc-lead project in Spain, which recently reported a JORC resource.
Maxwell Dee
Maxwell Dee
19 May 2026
Australian Mines Limited reports strong gold drilling results at its Boa Vista project in Brazil and initiates new scandium-nickel-cobalt drilling in NSW, supported by a $4 million capital raise to accelerate exploration.
Maxwell Dee
Maxwell Dee
28 Jan 2026
EQ Resources Limited has successfully raised $34 million through a share placement, aiming to accelerate development at its Carbine Vein project and strengthen its balance sheet amid robust tungsten market conditions.
Maxwell Dee
Maxwell Dee
5 Dec 2025
Eagle Mountain Mining Limited has lodged a prospectus for a non-renounceable entitlement offer to raise up to A$1.98 million, supporting exploration and development of its copper-gold projects in Arizona, USA. The offer includes attaching options and follows a recent $1.66 million placement.
Maxwell Dee
Maxwell Dee
20 Nov 2025
Variscan Mines secures key regulatory approval and expands its zinc exploration footprint with a major historic drillhole acquisition, backed by a $2.25 million capital raise.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Omnia Metals Group has completed its initial drilling at the Salt Creek Project with valuable geological insights, while securing a 50/50 joint venture over the promising Corvette Project and raising $1.58 million to fuel exploration and US acquisitions.
Maxwell Dee
Maxwell Dee
30 Oct 2025
New Murchison Gold Limited has officially transitioned to a gold producer with first ore crushed and shipped from its Crown Prince Gold Mine, backed by strong exploration results and a successful $15 million capital raise.
Maxwell Dee
Maxwell Dee
28 Oct 2025
Yari Minerals has increased its inferred coal resource at the Rolleston South project by 26% to 190 million tonnes and raised $1.5 million to fund an inaugural drilling campaign aimed at upgrading resource status and confirming metallurgical coal potential.
Maxwell Dee
Maxwell Dee
28 Oct 2025
E79 Gold Mines Limited reported a net cash outflow of AUD 827,000 for the September 2025 quarter but bolstered its financial position through a successful capital raising in October. The company plans to reduce exploration expenditure in the coming quarter while maintaining operational continuity.
Maxwell Dee
Maxwell Dee
28 Oct 2025
Western Mines Group has completed a major capital raising, issuing over 16.5 million shares and unlisted options to fund expanded exploration at its Mulga Tank project.
Maxwell Dee
Maxwell Dee
23 Oct 2025
Silver Mines Limited has raised $33 million through a $30 million placement and a $3 million share purchase plan, bolstering its development and exploration ambitions in Australia and the US.
Maxwell Dee
Maxwell Dee
5 Aug 2025