Latest Royalty Funding News

QMines Limited reported a busy March quarter with strong drilling results at Mount Mackenzie, a resource upgrade at Develin Creek, and progress on the Mt Chalmers feasibility study, underpinned by a $15 million strategic funding package from QIC.

Minerals 260 has locked in a $220 million funding deal with Franco-Nevada, combining royalty and equity financing to fast-track its 4.5Moz Bullabulling Gold Project. Strong drilling results and accelerated project work underpin a development timeline targeting first production by end 2028.

Alicanto Minerals has obtained an A$18.1 million non-dilutive funding package from Stria Lithium, including cash and equity, to support resource expansion at the Mt Henry Gold Project, where diamond drilling is currently underway.

Minerals 260 secures Foreign Investment Review Board approval, enabling Franco-Nevada to complete a $220 million funding package that accelerates development of the Bullabulling Gold Project.

Minerals 260 has locked in a $220 million strategic funding deal with Franco-Nevada, boosting development and de-risking the Bullabulling Gold Project in Western Australia. This marks Franco-Nevada’s largest Australian investment to date.

Iltani Resources has announced a maiden JORC Mineral Resource Estimate for its Orient East Silver-Indium deposit, alongside a significant $8 million investment from Queensland Investment Corporation’s Critical Minerals Fund to accelerate project development.

Heavy Minerals Limited is finalising its Port Gregory Garnet Project Pre-Feasibility Study with a report due in November 2025, while advancing a promising industrial minerals project towards a binding agreement expected this quarter.

Alpha HPA has finalized a $30 million royalty funding agreement with Queensland's QCMBTF, receiving $27 million to support Stage 2 of its HPA First Project and general corporate needs. Concurrently, the company progresses a $400 million senior debt financing with Australian government lenders.

Caravel Minerals has appointed Primero Group as its preferred EPCM firm and secured a $15 million loan to fund its Definitive Feasibility Study, marking significant progress toward a Final Investment Decision for the Caravel Copper Project.

Fenix Resources has achieved a record quarter with 885,000 wet metric tonnes shipped and locked in a transformative 30-year mining rights agreement with Baowu over the Weld Range Iron Ore Project, positioning itself for significant growth.

Iltani Resources has locked in an $8 million investment from Queensland’s government-backed QIC fund to fast-track its Orient Silver-Indium Project, positioning the company at the forefront of critical minerals development in Northern Queensland.

Caravel Minerals has appointed Primero Group as the EPCM contractor for its Caravel Copper Project, with the Definitive Feasibility Study now fully funded and on track for completion in early 2026.