Latest Project Financing News

Anson Resources has clinched approval for its Small Scale Mining Operation at its Green River Lithium Project, clearing the way for a 10,000 tpa lithium carbonate plant in Utah. With all major permits in hand, the company moves closer to refining costs and advancing project financing.

Euro Manganese has restructured its $23.5 million convertible loan with Orion into a royalty on its Chvaletice Manganese Project, enhancing financial flexibility and streamlining its capital structure ahead of project development.

Element 25 is pushing ahead with its Butcherbird manganese mine expansion in Western Australia and developing a first-of-its-kind US high-purity manganese sulphate facility, backed by major OEM partnerships and a US$166 million DOE grant.

Viridis Mining has boosted the Colossus Project's high-confidence rare earth resource, underpinning debt financing and advancing toward production.

Finder Energy has secured regulatory approval for its Kuda Tasi and Jahal offshore development in Timor-Leste, significantly advancing the project towards a final investment decision and first oil by 2028.

Santana Minerals has reported strong high-grade gold intercepts from initial infill drilling at its Rise and Shine deposit, bolstering confidence in the early-stage open pit mine plan and supporting upcoming financing efforts.

Brazilian Critical Minerals (ASX: BCM) has raised around A$10 million through a two-tranche institutional placement to fast-track its Ema Rare Earths Project towards a Final Investment Decision. The capital injection follows a robust Bankable Feasibility Study highlighting Ema's low capital intensity and strategic significance.

Anax Metals (ASX: ANX) is launching a high-impact 18-hole diamond drilling campaign at its Whim Creek Project, aiming to extend the Mons Cupri VHMS deposit and uncover new mineralisation with modern techniques.

Element 25 has locked in a US$166 million grant from the U.S. Department of Energy to fund its Louisiana high-purity manganese sulphate monohydrate (HPMSM) facility, reinforcing its role in the evolving battery materials supply chain.

Hot Chili Limited has locked in an additional US$15 million in non-dilutive funding from OR Royalties via an expanded net smelter return royalty agreement, adding the pre-resource La Verde project to the Costa Fuego copper-gold portfolio. This deal doubles OR’s commitment to US$30 million and underpins ongoing exploration and development.

TG Metals is progressing a scoping study for a heap leach operation at Van Uden, highlighting a higher grade initial production phase and strong metallurgical recoveries that could underpin near-term gold output.

Barton Gold’s latest Phase 2 drilling at Tunkillia delivers broad, high-grade gold intersections in the southern Area 223 open pit, reinforcing the project’s strong economic potential ahead of a planned Pre-Feasibility Study completion in early 2027.