Latest Project Development News

Arafura Rare Earths has successfully completed the first tranche of its A$475 million capital raising, issuing 440.6 million shares and securing A$123.4 million before costs. The second tranche, worth A$351.6 million, awaits shareholder approval.

Volt Resources has raised $2.23 million through a share placement to fund the feasibility study and development of its high purity graphite refinery in Alabama, alongside advancing a pilot plant for ultra-high purity graphite.

Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.

McLaren Minerals has launched a fully underwritten A$3.6 million entitlement offer to accelerate development of its McLaren titanium project, offering shareholders discounted shares and options.

Almonty Industries posted a strong Q3 net income driven by rising tungsten prices and strategic financing, while advancing its flagship Sangdong Mine and acquiring new US exploration rights.

Barton Gold Holdings reminds eligible shareholders that its Share Purchase Plan (SPP) closes on 6 November 2025, offering shares at $1.25 each, the same price as a recent institutional placement. The SPP provides a cost-free opportunity for Australian and New Zealand investors to increase their stake ahead of the company’s next growth phase.

True North Copper has announced strong assay results from its Phase 2 drilling at the Mt Oxide Project, extending the Aquila Trend copper-silver-cobalt mineralisation to over 500 metres with promising potential for further growth.

Ariana Resources has initiated a 4,000-metre drilling campaign at its Dokwe Gold Project in Zimbabwe, aiming to expand the existing resource beyond one million ounces of gold. Early assay results are expected before year-end, with potential for program expansion.

Caravel Minerals has released an updated strategic mine plan for its Western Australian copper project, confirming a robust 25+ year operation with improved ore grades and deferred capital expenditure. The plan prioritises conventional diesel mining and optimised pit sequencing to reduce risk and enhance early cash flow.

Golden State Mining has appointed Keith Middleton as Managing Director and CEO, bringing over two decades of mining sector expertise and a strategic vision for growth. His leadership comes with a significant share-based incentive, signaling a new chapter for the exploration company.

Jindalee Lithium has repurchased all remaining convertible securities from Mercer Street Global Opportunity Fund II and C/M Capital Partners following a successful $8 million capital raise, simplifying its financial structure ahead of advancing the McDermitt Lithium Project.

Infini Resources Limited has launched a non-renounceable pro-rata entitlement offer to raise approximately A$533,000 through Loyalty Options, alongside a separate allocation of 6 million options to its Joint Lead Managers. The capital raise aims to support ongoing exploration activities amid a complex risk landscape.