Latest Perth News

VRX Silica has raised $4.5 million through strategic equity placements with US-based Nebari Partners and existing shareholder Delphi group, bolstering institutional backing ahead of key project financing milestones for its Arrowsmith North silica sand project.

AuKing Mining has locked in a A$5 million placement at a premium to VWAP, backed by strategic and global investors, to accelerate drilling at its Tundulu rare earths project in Malawi.

Charger Metals has completed the unconditional sale of its Bynoe Lithium Project to Core Lithium’s subsidiary for $3.75 million upfront, with further payments tied to resource milestones and a capped royalty. The deal frees capital for Charger’s Lake Johnston lithium exploration and development plans.

Tetragon Energy has awarded a US$1.45 million contract to DUG Technology to reprocess seismic data over its Philippines offshore permits, aiming to sharpen exploration prospects and attract farm-in partners.

Dalaroo Metals' 2026 field campaign at Blue Lagoon in southern Greenland has transformed the project from a concept into a well-defined rare earth system, identifying four new target areas and setting the stage for targeted drilling.

New Frontier Minerals has reported strong surface copper grades at its Mt Storm prospect in Queensland, with assays up to 6.88% Cu and promising acid-leach recoveries, reinforcing the prospect’s potential within the NWQ Copper Project.

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

AuKing Mining has obtained export approval from Malawi authorities for its initial drill samples at the Tundulu Rare Earths Project, marking a key step toward upcoming assay results expected in late July.

Somerset Minerals has dispatched its entitlement offer prospectus to shareholders, opening a non-renounceable offer from 9 July to 22 July 2026. The capital raising supports ongoing exploration at its Nunavut copper projects.

Victory Metals advances its North Stanmore project by sending heavy rare earth concentrate to potential offtake partners and expanding its ore reserve through updated geological classification.

AuKing Mining has confirmed widespread carbonatite intersections across 21 reverse circulation drillholes at its Tundulu Rare Earth Project in Malawi, setting the stage for diamond drilling to begin in July.

Qoria Limited and Aura Consolidated Group have fixed the exchange ratio for their proposed merger, with shareholders to receive one Aura CDI for every 17.32 Qoria shares. Aura’s US$100 million capital raise values Qoria shares at A$0.40 each, positioning Qoria shareholders to hold nearly a third of the merged entity.