Latest Mining Finance News

Cavalier Resources has raised $2.14 million through a discounted share placement to fund a 5,000m extensional drilling program at its Crawford Gold Project, aiming to underpin future mining stages. The revised Pre-Feasibility Study confirms robust economics with a strong NPV and IRR.

RareX Limited reports continued high-grade gallium results at Cummins Range and strategic progress on its Mrima Hill project in Kenya, backed by a $50 million funding facility and key partnerships.

Aguia Resources advances its phosphate operations in Brazil with new funding and plant upgrades, while a management overhaul in Colombia reveals a significant gold discovery at Santa Barbara.

Kaili Resources has completed a second drilling program targeting rare earth elements in South Australia, revealing encouraging preliminary results that underscore the potential of its Limestone Coast projects.

Vanadium Resources Limited is advancing its Steelpoortdrift project with fresh leadership, a successful equity raise, and a strategic pivot towards higher-margin concentrate production alongside direct shipping ore.

Surefire Resources reports robust drilling results at its Yidby Gold Project alongside promising assays from its Victory Bore critical minerals deposit, supported by a $1.54 million capital raise.

Superior Resources has boosted its Greenvale Project area by 56%, revealing exceptional copper-gold-silver assay results and advancing its Steam Engine Gold Project towards production within two years.

Antilles Gold advances its Cuban mining ambitions with a binding EPC contract signed and construction slated to begin early next year at the Nueva Sabana copper-gold project.

Jindalee Lithium is progressing its McDermitt Lithium Project with a proposed US SPAC listing, government backing, and an $8 million capital raise, positioning it as a key player in the US critical minerals landscape.

Australian Gold and Copper Ltd has significantly expanded its South Cobar exploration footprint through key acquisitions and reported strong high-grade drilling results at its Achilles deposit, underpinning its growth strategy.

Solis Minerals reports encouraging assay results from its Peruvian copper-gold projects alongside a $5.9 million capital raise to accelerate exploration and acquisition activities.

Red Metal Limited reports significant progress across its rare earth, gold, and copper projects, alongside a $16 million capital injection into its Maronan Metals subsidiary. Key drilling and metallurgical studies set the stage for resource upgrades and scoping studies in 2026.