Almonty Industries has locked in final commitments for an AUD 18.45 million equity placement from existing shareholders, aiming to strengthen its financial position and cover offer costs. The placement includes warrants and options, with closing pending regulatory approval.
Tungsten Mining NL has reported significant high-grade tungsten and copper mineralisation from its recent drilling campaign at the Hatches Creek Project, setting the stage for a maiden Mineral Resource estimate in the March quarter.