Latest Project Development Funding News

Avenira Limited (ASX: AEV) has pushed back the closing date of its $48.87 million renounceable rights issue by a week, responding to shareholder demand and expanding eligibility to overseas investors.

Boab Metals has secured key contracts and financing milestones, accelerating the Sorby Hills Silver Lead Project with first production slated for H2 2027.

Sibelco Silica Pty Ltd has exercised its call option to inject an additional $4.4 million into the Diatreme joint venture, restoring ownership stakes and supporting key project milestones for the Northern Silica Project in Far North Queensland.

BMC Minerals advances its 20,000m 2026 drilling campaign at Kudz Ze Kayah with standout high-grade sulfide intercepts at the Fuego Prospect, confirming a shallow mineralized zone adjacent to the proposed ABM Mine.

Calix Limited has successfully completed the first milestone of its ARENA grant for the Zesty Green Iron Demonstration Project, unlocking a $2 million payment and marking a key step forward in its industrial decarbonisation efforts.

1414 Degrees Ltd posted a steep 192% rise in half-year losses to $3.86 million, while advancing its silicon-based energy storage and hydrogen technologies. The company also faces uncertainty after its joint venture partner Vast Renewables entered administration.

Titanium Sands Limited has lodged key Industrial Mining License applications for its Mannar Heavy Minerals project in Sri Lanka, progressing environmental approvals and securing funding as the country finalises a new mineral policy.

OzAurum Resources has raised $4.1 million through a strategic placement to Forrestania Resources, which now holds a near-20% stake. The funds will accelerate heap leach development at the James Stage 1 Open Pit in Western Australia.

High-Tech Metals has raised $10.7 million through the exercise of nearly 43 million options, bolstering its push towards gold production at the Dam-Damsel project and expanding exploration across its vast Western Australian tenure.

Ariana Resources has inked a strategic term sheet with Hongkong Xinhai Mining Services Ltd., unlocking A$8 million in immediate funding and technical support to fast-track the Dokwe Gold Project in Zimbabwe.

Geopacific Resources has extended the Woodlark Gold Project Definitive Feasibility Study to Q1 2026, aiming to integrate optimisation and de-risking measures amid a gold price surge and promising drilling results.

Tivan Limited has initiated a comprehensive program of works at its recently acquired Molyhil Tungsten-Molybdenum Project, setting the stage for drilling and resource expansion in early 2026.