Latest Project Funding News

Arafura Rare Earths has raised A$481 million in equity funding and secured key government backing, advancing its Nolans Project towards a final investment decision in 2026.

GreenTech Metals has fast-tracked its Phase 1 drilling at the Munni Munni PGE-Cu-Ni Project by deploying a second drill rig, aiming to upgrade and potentially expand its historic resource estimate to modern standards.

Sheffield Resources announces the novation of a secured loan facility to a Yansteel-related party, maintaining existing terms while progressing debt restructure negotiations for Kimberley Mineral Sands.

Volt Resources has made significant strides in its US graphite refinery project and secured major funding for its Bunyu Graphite Mine in Tanzania, positioning itself strongly in the critical minerals sector.

Key Petroleum Limited progresses its Potential Commercial Area applications in Queensland’s Cooper-Eromanga Basin, anticipating government approval by year-end, while planning a capital raise to bolster its limited cash reserves.

Boab Metals has secured 100% ownership of the Sorby Hills Silver-Lead-Zinc Project, fully funding the operation and setting sights on first production in the second half of 2027.

Tlou Energy progresses its Lesedi Power Project in Botswana, integrating gas-fired and solar power for a modular data centre, while navigating operational challenges and funding delays.

Fitzroy River Corporation reported steady royalty income for the December 2025 quarter, while advancing key projects including a $40 million funding campaign for the Rafael Gas Project and a $150 million equity raise for Snowy River Gold development.

Pilot Energy is seeking shareholder approval for a 1-for-25 consolidation of its securities to streamline its capital structure and boost investor appeal as it advances into carbon storage and clean energy projects.

Neometals has reported promising gold assay results from its Barrambie drilling program and secured substantial conditional funding for its Vanadium Recovery Project in Finland, while progressing new critical minerals opportunities in the US.

Thor Energy has received an initial A$2.25 million payment from the sale of its Molyhil project interest, with further payments set to boost its cash reserves and fund expansion in hydrogen and copper assets.

Atomic Eagle Limited has completed a 69-hole drilling program at its Chisebuka target in Zambia, revealing extensive shallow uranium mineralisation and setting the stage for a major resource upgrade across the Muntanga Project.