Latest Project Funding News

Sunshine Metals has released a comprehensive scoping study for its Liontown Gold Operation in North Queensland, outlining a promising initial production target of approximately 75,000 ounces of gold and 654,000 ounces of silver. The study highlights strong financial metrics and a pathway to production by late 2026, with further resource updates expected.

Lefroy Exploration has launched its inaugural toll milling campaign at the Lucky Strike Gold Mine, with first gold production expected by mid-February amid strong gold prices. The company is also advancing drilling to expand the mine’s footprint.

Malcolm Mines NL’s subsidiary has taken key steps towards establishing a 500,000 tonnes per annum gold processing facility at Leonora, signing critical agreements for technical and funding expertise.

Evolution Mining has approved nearly $800 million in capital investments across key projects, aiming to boost production and returns significantly. The company also expands its exploration footprint in Canada, signaling a robust growth strategy.

Kairos Minerals has received the final $10 million payment from Pilbara Minerals under a key tenement sale, lifting its cash reserves to $35 million and setting the stage for expanded exploration and feasibility studies at the Mt York Gold Project.

Lightning Minerals announces the resignation of CEO Alex Biggs, who will remain in his role during the search for a successor as the company advances its Mt Turner Gold Project.

Anax Metals is set to release an updated feasibility study for its Whim Creek project, reflecting soaring commodity prices and progressing funding talks to push the project into development.

Hot Chili Limited has raised A$40 million through a heavily oversubscribed private placement to accelerate the development of its La Verde copper-gold discovery within the Costa Fuego project in Chile. The funding will support expanded feasibility studies, environmental approvals, and further drilling aimed at defining a higher-grade starter pit.

Taiton Resources has completed a significant placement of nearly 12 million shares to Singapore’s GEMS Strategic Resource Fund, bolstering its capital position and signalling confidence from a reputable international investor.

Ariana Resources has secured A$8 million in funding from Hongkong Xinhai Mining Services Ltd to accelerate its flagship Dokwe Gold Project in Zimbabwe, while progressing drilling and production milestones at its Tavşan Gold Mine in Türkiye.

Astron Limited has advanced its Donald Rare Earth and Mineral Sands Project with conditional senior debt support and ongoing financing discussions, targeting a final investment decision by the end of March 2026.

Emperor Energy has appointed Tim Handley as Managing Director and is making significant progress on funding and preparing the Judith-2 appraisal well in the Offshore Gippsland Basin.