Latest Project Finance News

Eclipse Metals has advanced its Greenland rare earths project with expanded drilling and a key licence renewal, while preparing for a NASDAQ dual listing to tap North American investors.

QPM Energy has made significant strides in advancing its 112MW Isaac Power Station, securing major financing and operational milestones that position it well for mid-2027 commissioning.

VRX Silica Limited has secured critical environmental and mining approvals for its Arrowsmith North silica sand project, alongside binding offtake contracts with major Asian customers, setting the stage for production by late 2026.

Arafura Rare Earths has launched a major A$475 million placement alongside a A$50 million share purchase plan, significantly advancing funding for its Nolans Project and edging closer to a Final Investment Decision in early 2026.

Astral Resources has strengthened its leadership and advisory teams to drive the Mandilla Gold Project towards production, targeting first gold output by the end of 2027. The company has also engaged GR Engineering Services for critical feasibility work and appointed Taylor Collison to assist with debt financing.

Grange Resources reported a robust Q3 2025 with increased iron ore concentrate production, improved pellet sales, and a notable rise in realised product pricing, all while maintaining an excellent safety record.

Develop Global reports strong September quarter progress with Woodlawn mine ramping up on schedule and Sulphur Springs DFS doubling projected cashflow to A$1.5 billion. A major mining services contract extension further bolsters the company’s growth outlook.

Everest Metals Corporation has partnered with MEGA Resources and Bain Global Resources to fully fund and operate mining at the Mt Dimer Taipan Gold & Silver Project, with production set to begin imminently.

Orbminco Limited has completed a promising maiden drilling program at its Majestic North Gold Project, while refreshing its board and consolidating shares to sharpen its strategic focus on Australian gold assets.

Northern Minerals has raised $60.5 million through a heavily oversubscribed placement to advance its Browns Range Heavy Rare Earths Project, positioning itself as a key supplier of critical minerals essential for clean energy and defense technologies.

Medallion Metals has partnered with global commodity trader Trafigura to secure up to US$50 million in funding and a 7-year copper and gold offtake agreement, advancing its Ravensthorpe Gold Project development.

EV Resources has made significant strides in its antimony projects across Mexico and the US, securing a processing plant and planning a maiden drill program at Los Lirios, positioning itself for near-term production.