Latest Project Development News

Terramin Australia Limited has announced a pro-rata non-renounceable rights issue to raise approximately $38.3 million, partially underwritten by major shareholder Asipac Group Ltd. The capital raise aims to fund key project developments and repay debt, while potentially diluting existing shareholders and increasing Asipac’s voting power.

Terramin Australia has announced a $38.3 million non-renounceable rights issue to fund key project developments and reduce debt, offering shareholders shares at a 20% discount.

Iltani Resources has reported a maiden Mineral Resource Estimate for its Orient West Silver-Indium Project alongside record high-grade drill results at Orient East, supported by $8 million in new funding from Queensland Investment Corporation.

Viridis Mining and Minerals has delivered a landmark Pre-Feasibility Study for its Colossus Rare Earth Project, confirming robust economics and securing key strategic funding and land expansions in Brazil.

Mindax Limited has taken a decisive step toward full ownership of the Mt Forrest iron ore project, executing an option to acquire Norton Gold Fields' stake and raising $1.6 million to accelerate development. The company is also advancing infrastructure plans and gold exploration in Western Australia’s Mid-West region.

Mindax Limited reported a cash outflow for Q3 2025, with a focus on securing development partners and raising funds to advance its Mt Forrest Iron Project.

Nelson Resources confirms high-grade gold assay results at its Yarri Project and partners with MEGA Resources to fully fund and manage development operations.

Energy Transition Minerals’ arbitration over the Kvanefjeld rare earths project sees a key ruling that splits jurisdiction between courts and arbitration, setting the stage for renewed legal and operational developments.

Strategic Energy Resources has advanced its copper-gold exploration in Queensland through government-backed drilling, a $3 million joint venture program, and a key acquisition from Anglo American, supported by a $2 million capital raise.

Ionic Rare Earths advances its global rare earths strategy with significant UK government funding, increased heavy rare earth oxide production, and a $15.6 million capital raise backed by a strategic US investor.

Ballard Mining has raised $20.6 million through a premium share placement led by new strategic investor Aurenne Group Holdings, aiming to accelerate exploration and resource growth at its Mt Ida Gold Project. A new, substantial October 2025 Exploration Target highlights significant upside beyond the existing mineral resources.

Pursuit Minerals progresses its Rio Grande Sur lithium project with a refined commercial plan and feasibility study, while expanding into gold through the Sascha Marcelina acquisition. A recent $4 million placement strengthens its financial position for growth.