Latest Mining Finance News

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Develop Global’s Pioneer Dome lithium project hits high-grade infill drilling results surpassing resource expectations, setting the stage for a Final Investment Decision next month on an 850,000-tonne DSO operation.
Maxwell Dee
Maxwell Dee
28 May 2026
West Wits Mining has locked in a ZAR 875 million senior loan facility with Absa and Nedbank, replacing earlier funding and boosting support for its Qala Shallows project; the first new South African gold mine in over 15 years.
Maxwell Dee
Maxwell Dee
21 May 2026
Sarama Resources has raised A$1.5 million through a private placement to fund copper-gold exploration in New South Wales and support its US$242 million arbitration claim against Burkina Faso. The arbitration hearing is set for February 2027, while Sarama plans to retain significant equity in Riedel Resources following a major asset sale.
Maxwell Dee
Maxwell Dee
20 May 2026
Sheffield Resources has secured an additional US$10.15 million tranche on its senior loan facility for the Thunderbird Mineral Sands Mine, aimed at bolstering working capital. Ongoing negotiations to restructure debt add an element of financial uncertainty for the joint venture.
Maxwell Dee
Maxwell Dee
20 May 2026
Kincora Copper has accelerated exploration across its Australian and Mongolian assets, leveraging new AI and quantum technology partnerships alongside partner-funded drilling, while reporting a modest net income and a strong cash position in Q1 2026.
Maxwell Dee
Maxwell Dee
15 May 2026
Toubani Resources has locked in a binding commitment for a US$73.3 million senior debt facility from Coris Bank to fund its Kobada Gold Mine construction, advancing its financing package amid strong cash reserves.
Maxwell Dee
Maxwell Dee
15 May 2026
Marimaca Copper Corp. reported a robust cash position of $147.7 million in Q1 2026, driven by a C$409 million equity raise, supporting ongoing development of its Marimaca Project in Chile.
Maxwell Dee
Maxwell Dee
13 May 2026
Genmin has drawn strong international interest to finance its Baniaka iron ore project in Gabon, with proposals ranging from joint ventures to prepayment facilities. The Gabonese government backs the project as a national priority, aiming for a final investment decision by mid-2026.
Maxwell Dee
Maxwell Dee
13 May 2026
Savannah Goldfields has secured $3.5 million through a $1.5 million equity placement at a 31.5% premium and a $2 million tiered royalty sale to fund the Agate Creek mine restart and ongoing operations.
Maxwell Dee
Maxwell Dee
8 May 2026
Chatham Rock Phosphate has secured a definitive financing agreement with Wetstone Global that doubles an existing loan to USD 300,000 and converts it into a 30% equity stake, granting Wetstone majority board control and potential for up to 70% ownership upon project milestones.
Maxwell Dee
Maxwell Dee
8 May 2026
Native Mineral Resources (ASX:NMR) has raised A$3.5 million through a convertible note with existing investor Lind Global Fund III LP, aiming to reduce debt and support operational cash flow.
Maxwell Dee
Maxwell Dee
6 May 2026
Manuka Resources has drawn down a US$26 million tranche of a US$30 million debt facility, exited care and maintenance at Wonawinta, and signed a major mining contract as it targets production restart in late Q2 2026.
Maxwell Dee
Maxwell Dee
30 Apr 2026