Latest Working Capital News

Vinyl Group Ltd reported a 37% jump in quarterly revenue alongside significant cost reductions, setting the stage for an EBITDA-positive quarter in Q2 FY26. The company also advanced a key equity conversion deal with Songtradr, signaling strategic balance sheet strengthening.

Sheffield Resources achieved a record quarterly concentrate production at its Thunderbird mine but faces subdued zircon sales due to challenging market conditions in China, withholding December quarter guidance.

Highfield Resources has locked in A$10 million through convertible notes from existing investors to tackle a key permit issue and push forward its flagship Muga Potash Project in Spain.

Odessa Minerals appoints Tim Goldsmith, former Rincon CEO, as Non-Executive Chairman and raises $1.15 million to fuel exploration and acquisitions.

Aurora Labs has raised $5.5 million through a strategic placement, partnering with Sovereign Propulsion Systems to advance its drone propulsion technology and expand manufacturing capabilities.

Sierra Nevada Gold (SNX) is nearing the conclusion of its bidding for exploration blocks in Saudi Arabia while securing key permits to restart mining in Nevada. The company is poised to begin test mining and drilling programs backed by fresh capital.

Patagonia Lithium prepares to drill a key lithium well in Argentina while advancing rare earth exploration in Brazil, backed by recent funding and promising early results.

Resouro Strategic Metals is on track to close its non-brokered private placement within the week, aiming to fund critical engineering work for its Tiros Titanium-Rare Earths Project in Brazil.

Titanium Sands Limited has locked in $800,000 in stage two funding to complete environmental studies and advance the Industrial Mining Licence for its Mannar Island Project in Sri Lanka, backed by strong government support.

Yugo Metals has raised $3.5 million through a discounted placement to fund its first-ever diamond drilling program targeting gold anomalies at the Sinjakovo Project, with drilling set to commence in November 2025.

Latrobe Magnesium has locked in $10 million through a placement and entitlement offer to complete its demonstration plant and push towards commercial-scale magnesium production.

AustChina Holdings has received a non-binding proposal from Bluestone Energy to invest $1.5 million via a large share placement, potentially fueling new acquisitions and exploration efforts.