Latest Project Development News

Orion Minerals has successfully closed a Share Purchase Plan raising nearly A$2 million, reinforcing its financial footing as it accelerates towards production. The strong backing from South African shareholders highlights growing investor confidence.

Greenwing Resources has successfully completed its equity raising program, placing the shortfall from its Share Purchase Plan and an additional placement due to strong investor demand. This capital boost strengthens the company’s position as it advances its lithium and graphite projects.

South Harz Potash Limited has closed its shortfall placement, raising A$180,000 and bringing total equity raised to A$2.58 million to fund its dual-asset strategy in Germany.

VBX Limited strengthens its leadership and advances drilling programs at the Wuudagu bauxite project, setting the stage for a pivotal Definitive Feasibility Study and environmental approvals.

Lindian Resources has secured approval to expand its Kangankunde Rare Earths Project mining licence from 900 to 2,500 hectares, enabling a significant scale-up in production capacity. The company retracts its previous high-end Stage 2 production targets and will commission a new feasibility study to define the next phase.

Brazilian Critical Minerals Ltd reports exceptionally high rare earth element grades from in-situ recovery trials at its Ema project, confirming economic viability with low capital costs. The breakthrough supports rapid project scaling and strong market potential.

Carbine Resources is set to issue over 110 million shares and broker options following shareholder approval, aiming to fund its Muchea and Down South Silica Sand projects and strengthen its working capital position.

MC Mining has officially begun open pit mining at its flagship Makhado hard coking coal project in South Africa, advancing steadily towards full production by year-end 2025.

Truscott Mining Corporation has confirmed a $577,890 capital raise through a rights issue, explaining its exploration expenditure and operational status amid a drilling hiatus since late 2022. The company underscores its commitment to long-term project development and compliance with ASX listing requirements.

Fortuna Metals Limited has officially changed its name from Lanthanein Resources Ltd and updated its ASX ticker from 'LNR' to 'FUN', effective 20 August 2025. The company also unveiled a new website and detailed its post-consolidation capital structure.

WA1 Resources has raised A$100 million through a placement to accelerate pre-development and infrastructure work at its Luni Niobium Project, bolstering its cash reserves to A$168 million.

Falcon Metals has reported a spectacular 1.2-meter intercept grading 543 grams per tonne gold at its Blue Moon project, marking a significant milestone in its exploration of the northern Bendigo Goldfield extension. The company’s aggressive drilling campaign and robust financial position set the stage for further discoveries in this historically rich gold province.