Latest Project Funding News

Rox Resources (ASX: RXL) has reported strong underground drilling results at Youanmi’s United North area, with mineralisation extending beyond the Definitive Feasibility Study (DFS) mine plan and infrastructure contracts advancing, keeping the project on track for mid-2027 gold production.

Sarama Resources has offloaded its Cosmo and Mt Venn gold projects to Riedel Resources, securing a substantial equity stake while progressing a US$242 million arbitration claim against Burkina Faso.

Japan Australia Fluorite Associates has received a $3 million funding tranche under the $7.4 million IPCM grant, supporting the ongoing Definitive Feasibility Study for the Speewah Fluorite Project in Western Australia.

Minbos Resources has expanded its capital raise to A$6 million, reflecting robust investor appetite to support the Cabinda Phosphate Project’s critical development phase.

Locality Planning Energy has consolidated its debt into a $7.2 million Westpac facility, lowering borrowing costs and freeing capital to back a $5.8 million development pipeline.

Krakatoa Resources has locked in $2.4 million through a strategic placement anchored by a $1.8 million investment from a Hong Kong private investor, funding the first 10% acquisition of the Zopkhito Antimony-Gold Project and accelerating its 2026 exploration program.

Hawsons Iron (ASX:HIO) is aiming to raise up to A$1.5 million through a discounted Share Purchase Plan, sweetened with free attaching unlisted options exercisable at A$0.015 each.

Anson Resources has secured 1,175 acres of mineral rights from Utah’s FFSL, boosting its Green River Lithium Project and setting the stage for a resource upgrade and feasibility study.

Australian Rare Earths (ASX: AR3) has delivered a standout Pre-Feasibility Study and maiden Ore Reserve for its Koppamurra project, underpinning a low-capital, high-return rare earths development. Meanwhile, pilot processing advances and a new niobium-REE discovery at Overland add momentum.

Northern Minerals propels its Browns Range Heavy Rare Earths Project forward with a planned Final Investment Decision in Q3 2026 and a significant 40% increase in the Dazzler Deposit resource.

McLaren Minerals delivered strong drilling results at its McLaren Titanium Project, hitting bonanza heavy mineral grades up to 34.6% HM and completing the first stage of its Bankable Feasibility Study on time and budget.

Legacy Minerals delivers a robust scoping study for Mt Carrington with A$514 million pre-tax NPV, confirms a new gold-silver discovery at Mascotte, and advances multiple drilling programs across NSW projects.