Latest Sweden News

Alkane Resources reported a strong Q1 FY2026 with $147 million in revenue and 30,511 gold equivalent ounces produced, bolstered by its recent merger with Mandalay Resources. The company’s balance sheet is solid with $191 million in cash and investments after repaying debt and covering merger costs.

Sweden’s Parliament has voted to overturn its uranium mining ban, effective January 2026, paving the way for Aura Energy to fully develop its polymetallic Häggån project with uranium extraction now permitted.

Alkane Resources has announced significant new gold mineralisation discoveries at its Tomingley Gold Operations in NSW, revealing promising expansions at the McLeans and Roswell underground deposits.

Bastion Minerals advances its ICE Copper-Gold Project with a new geochemical exploration program and strategic board appointments, while preparing for a November capital raise to fund ongoing activities.

Basin Energy has acquired NeoDys Limited, gaining a substantial uranium and rare earth exploration package in Queensland, and launched a $1.25 million capital raise to fund maiden drilling in late 2025.

Avira Resources has secured a binding agreement to acquire the high-grade Mt Cattlin Gold Project and raised $2.5 million in firm commitments, positioning itself for significant exploration activity in Western Australia and Sweden.

Talga Group has made significant strides in Q1 FY2026 with key partnerships in the US and Germany, new patents, and a substantial Swedish government grant to advance its battery anode production.

Alicanto Minerals has completed a summer exploration program in Sweden, revealing promising copper, silver, and gold targets across its Falun and Sala projects. The company also secured A$3 million in fresh capital to fund ongoing exploration and strategic acquisitions.

Ragnar Metals advances its Swedish IOCG exploration with promising high-grade copper and gold assays, while strategically boosting its gold exposure through key investments in Kaiser Reef and High-Tech Metals.

Spacetalk Ltd reports robust 28% growth in active mobile subscribers and a 20% rise in annual recurring revenue, fueled by strategic international expansion and a forthcoming software-led platform upgrade.

Alkane Resources has reported a record quarterly operational cash flow of A$73 million and gold equivalent production of 30,511 ounces, reflecting the successful integration of Mandalay Resources. The company remains on track to meet its full-year guidance amid ongoing exploration and development progress.

Western Gold Resources reports promising early drilling results and a significant upgrade to its Gold Duke Project economics, supported by a $6.75 million capital raise to fund production.