Latest Mining Finance News

Fortescue has secured a landmark RMB 14.2 billion syndicated term loan, marking the first such facility by an Australian corporate and underscoring its deepening ties with China to support its decarbonisation goals.

Iluka Resources has secured a long-term supply of rare earth concentrate from Lindian Resources’ Kangankunde mine, underpinning its Eneabba refinery’s capacity and advancing Australia’s rare earth ambitions.

Western Gold Resources has locked in a $3 million secured loan facility to fund critical drilling at its Gold Duke Project, pushing the mine closer to production with minimal shareholder dilution.

Redcastle Resources has unveiled a positive Scoping Study for its Queen Alexandra gold project, highlighting a high-return open pit operation with near-term production potential and robust economics at current gold prices.

Arcadia Minerals reports renewed exploration permits and promising critical mineral anomalies at its Namibian projects, while advancing strategic funding discussions and preparing for key drilling campaigns.

Flagship Minerals has strategically repositioned towards gold and copper, highlighted by its acquisition of the Pantanillo Gold Project in Chile, aiming for a rapid development path and resource growth. The company plans to commence drilling in October 2025 while rationalising its lithium exposure.

Lithium Plus Minerals reports significant progress on its Lei Lithium Development Project alongside promising discoveries of beryllium and gold at its Arunta and Wingate projects, supported by a solid cash position of A$3.2 million.

Challenger Gold Limited reported a strong quarter with significant financing inflows boosting its cash reserves to nearly $27 million, ensuring operational funding for over six quarters. Despite ongoing cash outflows from operations and investing, the company’s liquidity position remains robust.

Kore Potash has signed non-binding term sheets for a $2.2 billion financing package to develop its Kola Potash Project, marking a significant step toward construction. The company also progressed environmental assessments and strengthened government relations during Q2 2025.

Theta Gold Mines secures a pivotal US$35 million loan facility and board approval to mine, marking significant progress in the development of its TGME Gold Mine Project in South Africa.

Mithril Silver and Gold Limited reports strong exploration progress in Mexico’s Copalquin District with high-grade gold and silver assay results and a successful C$11.5 million private placement.

Cullen Resources Limited reported significant progress across its gold exploration portfolio in Western Australia and Finland, including new project acquisitions and active joint venture drilling campaigns.