Latest Mining Finance News

Toubani Resources has pushed construction and exploration forward at its Kobada Gold Project in Mali, backed by a US$208 million funding package and high-grade drilling results that support an upcoming resource update.

Verity Resources has lifted its Monument Gold Project’s geological confidence by delivering a maiden Indicated Mineral Resource of 66,200 ounces and reported exceptional 97% gold recoveries at Waihi, underpinning development plans.

Cazaly Resources has confirmed high-grade gold mineralisation at depth in Western Australia's Goongarrie Gold Project and secured ground access for a detailed magnetic survey in Namibia’s Abenab North project, maintaining a solid cash position of approximately $4.5 million.

Genmin has locked in A$3 million in unsecured director loans to fund working capital for its Baniaka iron ore project, avoiding immediate shareholder dilution while advancing project financing.

KGL Resources has closed its $120 million entitlement offer, advancing a $300 million equity raising to fund the Jervois Copper Project. Major shareholder KMP Investments boosts its stake to 36.2%, while the conditional placement awaits shareholder approval.

Highfield Resources has obtained a fourth tranche of A$700,000 under its Convertible Note Facility despite a legal event releasing noteholders from future funding obligations. The company continues its Supreme Court appeal and funding discussions to advance the Muga Potash Project.

Bubalus Resources identified broad geochemical anomalies at its Murrindindi Gold Project and is preparing to restart exploration at its Amadeus Critical Minerals Project, supported by a solid $3.03 million cash position.

Regal Partners has reported a doubling of normalised NPAT to at least $90 million for 1H26, driven by record performance fees and strong net inflows. Funds under management climbed 6% to $21.4 billion, underpinned by robust demand across hedge funds and credit strategies.

Ardea Resources is pushing forward its Kalgoorlie Nickel Project’s Goongarrie Hub with a fully funded $98.5 million Definitive Feasibility Study, underpinned by multi-jurisdictional government support and strategic partnerships with Japanese industry giants.

Maritana Minerals is pushing ahead with its Black Swan Processing Hub development, targeting 100,000 ounces of gold production by H2 2027, supported by a strong cash position of $229.5 million.

Minbos Resources has cleared key shareholder hurdles to secure a US$5 million loan from Banco de Fomento Angola, aiming to complement existing project finance and accelerate its Cabinda Phosphate Fertilizer Plant development.

Auravelle Metals has locked in $1.5 million through a share placement, bolstering its exploration push at Nuckulla Hill and other gold projects with multiple drilling campaigns planned for the remainder of 2026.