Latest Mining Finance News

Deep Yellow Limited has deferred the Final Investment Decision for its flagship Tumas uranium project due to current uranium prices, while continuing detailed engineering and early works. The company remains confident in the project's robust economics and is progressing financing and development at its Mulga Rock project.

Critica Minerals Limited has announced a significant milestone with its Jupiter Project, revealing Australia’s largest and highest-grade clay hosted rare earth resource alongside successful metallurgical test results that promise substantial mass reduction and grade upgrade.

Lindian Resources has appointed seasoned financial advisor Henk Ludik to advance funding negotiations for its Kangankunde Rare Earths Project amid rising investor interest and a non-binding $50 million package with Gerald Group.

Infini Resources has successfully raised AUD$3.4 million through a flow-through share placement at a significant premium, positioning the company to aggressively advance exploration at its Portland Creek Uranium Project in Newfoundland.

Aeris Resources has secured a six-month renewal of its ANZ contingent instrument facility, providing a crucial runway as it progresses refinancing and develops key growth projects.

Redstone Resources is gearing up for a pivotal drilling campaign at its 100%-owned West Musgrave Copper Project in Western Australia, backed by a $220,000 government grant and strong historical copper grades.

Toro Energy reports steady progress in its Wiluna Uranium Project with updated resource estimates and ongoing native title consultations, positioning itself to capitalize on improving uranium market conditions.

Flagship Minerals Limited has significantly expanded its Rosario Copper Project in Chile, revealing high-grade copper mineralisation and securing a $35 million equity investment to accelerate development.

Manuka Resources reports a maiden silver reserve at its Wonawinta Silver Mine and progresses its Taranaki VTM Iron Sands Project under new New Zealand legislation, bolstering its growth prospects and financial position.

South Harz Potash Limited has made significant strides in acquiring the Sollstedt mine and secured approximately A$2.2 million in new equity, positioning itself to advance the Ohmgebirge project amid a strengthening potash market.

Globe Metals & Mining has reached a pivotal funding milestone with a US$10 million convertible loan agreement, propelling the Kanyika Niobium Project closer to development. The updated feasibility study remains on track for completion by March/April 2025, underpinning the project's execution phase.

Geopacific Resources reported a challenging quarter ending December 2024 with significant cash outflows, prompting a $40 million entitlement offer to secure funding for its Woodlark Project.