🕒 Thursday 6 February 2025 Thu, 6 Feb 2025

KKR Credit Income Fund has announced an actual distribution of AUD 0.0167 per ordinary unit, comprised entirely of a return of capital with no foreign income or franking. This update finalises the distribution details following a prior estimate.

Carnaby Resources has completed the settlement of Tranche 2 of its recent share placement, issuing 13.5 million new shares to raise approximately $4.2 million, including participation from its board members.

Terra Uranium has laid out a comprehensive 2025 exploration strategy targeting multiple projects in the Athabasca Basin, leveraging partnerships and advanced geophysics to accelerate uranium discovery efforts.

Aurumin Limited has initiated a 2,000m drilling campaign at its Central Sandstone Project targeting high-grade iron ore, advancing a potential $7 million joint venture with Newcam Mineral Pty Ltd. This move aims to unlock significant value from a promising iron ore district with grades up to 67% Fe.

Lindian Resources has awarded a $1.3 million contract to Mota-Engil for the construction of a critical access road at its Kangankunde Rare Earths Project in Malawi, marking a key milestone in project development and local infrastructure enhancement.

TMK Energy has reported a staggering 300% increase in gas production in January 2025, setting a new monthly record driven by newly commissioned wells at its Gurvantes XXXV Coal Seam Gas Project.

Narryer Metals reports significant high-grade heavy mineral concentrations over an 8km strike at the Muckanippie Titanium Project, highlighting promising potential for a major deposit.

Strata Minerals has initiated on-ground exploration at its Biranup Gold Project in Western Australia, focusing on high-priority targets like Black Dragon and Red Dragon following a strategic review. The project’s proximity to the Tropicana Gold Mine adds strategic significance to these early-stage efforts.

Blackstone Minerals Limited has had its trading suspension lifted following a key announcement about a proposed merger, signaling renewed market interest.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Arizona Lithium has unveiled a detailed, phased development plan for its Prairie Lithium Project, aiming to become North America’s first commercial lithium brine producer. The company targets initial production in 2025 with a modest capital outlay and scalable expansion strategy.

Blackstone Minerals has entered a binding scheme to acquire IDM International, securing the world-class Mankayan Copper-Gold Project in the Philippines. This merger positions Blackstone as a significant player in critical energy transition metals with promising exploration upside.

Winsome Resources has announced a significant new high-grade spodumene pegmatite discovery at its Sirmac-Clapier Project in Quebec, featuring lithium grades up to 3.0% Li2O alongside notable cesium and tantalum mineralization.

Toro Energy has completed a critical re-optimisation of the Lake Maitland mining pit, paving the way for detailed mine scheduling as part of its 2025 scoping study update. This progress reflects updated resource estimates and financial assumptions, signaling a key step forward for the Wiluna Uranium Project.

Charger Metals NL has reported promising high-grade lithium intersections at its Medcalf West Prospect within the Lake Johnston Project, alongside initiating a diamond drilling program at the Mt Day Prospect, signalling potential expansion of its lithium resource base.

ImpediMed Limited has locked in a US$15 million growth capital facility with SWK Funding LLC, providing crucial financial flexibility to advance its SOZO Digital Health Platform and commercial ambitions.

360 Capital Mortgage REIT (ASX:TCF) reported a robust HY25 performance, highlighting a forecast distribution yield of 10.2% and a successful $8.9 million capital raising that expands its loan portfolio and market presence.

Infini Resources has successfully raised AUD$3.4 million through a flow-through share placement at a significant premium, positioning the company to aggressively advance exploration at its Portland Creek Uranium Project in Newfoundland.

360 Capital Mortgage REIT delivered robust half-year results with a 33% earnings upgrade and a strategic capital raise that lifted its market cap by over a third.

WA Kaolin Limited has announced a fully underwritten pro-rata accelerated non-renounceable rights offer to raise approximately $7 million, aiming to bolster working capital and support production ramp-up at its Wickepin operations.

WA Kaolin Ltd has launched a fully underwritten A$7 million entitlement offer to fund a critical ramp-up in production following successful operational upgrades. With strong forward orders and supportive major shareholders, the company aims to achieve positive cash flow and expand its market footprint.

WA Kaolin Limited is raising A$7 million through a fully underwritten entitlement offer to support its sales ramp-up and working capital needs, following a successful upgrade to its classifier project that enhances production capabilities.

360 Capital Mortgage REIT reported a solid half-year profit increase to $1.34 million and launched a strategic capital raising to grow its senior loan investments. Distributions rose notably, reflecting confidence in its expanding loan portfolio amid rising interest rates.

Petratherm Limited's latest drilling at the Rosewood Heavy Mineral Sand Prospect confirms extensive, high-grade titanium mineralisation over at least 15 square kilometres, reinforcing the project's world-class potential.