Latest Sweden News

Ragnar Metals has identified at least five interpreted mineralised shoots at its Harnäs gold project in Sweden, but the exploration-led company ended FY2026 with only $233,220 in cash. The annual report also restates FY2025 after previously omitted Kaiser Reef options were recognised at $779,288.

Avira Resources has expanded its Mt Cattlin drilling story with encouraging high-grade results, but the explorer’s annual report carries a material uncertainty over its ability to continue without further capital. The company ended FY2026 with $1.45 million in cash against a $986,980 loss and $1.21 million in operating and investing outflows.

Sinclair Gold’s FY2026 annual report captures the company’s rapid shift from a small explorer to a well-funded Mt Henry-focused gold developer-in-waiting. The project’s resource stood at 915,000 ounces at year-end, before a post-year-end update lifted it to 1.8 million ounces after 20,426 metres of drilling.

Neu Horizon has completed the main phase of its Swedish uranium exploration campaign, collecting more than 12,000 line kilometres of airborne geophysical data across its portfolio. The company is now integrating the results and refining targets for a maiden drilling programme planned for early 2027, subject to permitting.

Talga has signed a non-binding LOI with German battery maker EAS Batteries for a potential five-year supply agreement covering Talnode graphite anode products. No volumes or purchase obligations have been agreed, with product qualification and negotiations now scheduled to run into 2027.

Turnstone Resources has moved A$25,000 of its A$1.1 million placement into the immediately available tranche, reducing the amount still dependent on shareholder approval. The company expects to settle the raising this week, with directors committing A$165,000 to the conditional tranche.

Turnstone Resources has secured A$1.1 million through a two-tranche placement priced at a premium to the last trade, aiming to fast-track exploration in Sweden and review German potash assets.

Spacetalk Ltd reported a 17% revenue decline in FY26 amid a strategic reset, but mobile revenue grew 16% as the company pivots to a software-led family safety platform supported by new telco partnerships.

RAS Technology Holdings (ASX:RTH) posted a 34% revenue increase to $28.4 million for FY2026, driven by expansion across all business units and geographic markets including Asia and the UK. Despite this, significant investments in product development and trading capabilities led to a normalized net loss after tax of $0.3 million.

Alkane Resources delivered a transformational FY26 with a 590% surge in net profit to A$228.7 million, driven by its merger with Mandalay Resources and record gold equivalent production. The company declared its first fully franked dividend and confirmed solid FY27 guidance.

Sinclair Gold has locked in a binding earn-in agreement with Medaro Mining, unlocking up to $3.4 million in combined cash, shares, and exploration funding for its Sala silver-zinc-lead project in Sweden. Sinclair retains a net smelter return royalty and focuses on advancing its Mt Henry gold asset.

Ragnar Metals has confirmed multiple shallow gold zones with assays up to 13.6 g/t Au at its Harnäs Gold Project, unveiling at least five high-grade shoots that remain open for expansion.