Latest Finance News

Yandal Resources has finalised the sale of its Gordons Gold Project tenement, receiving $2.81 million in combined cash and shares, and raised additional funds to strengthen its balance sheet to approximately $18 million. This financial boost positions the company to accelerate exploration activities across its Western Australian gold portfolio in 2026.

Yandal Resources has completed the sale of its Gordons Gold Project, receiving $2.81 million in combined cash and shares, and significantly strengthened its cash position to approximately $18 million post-quarter. This financial boost positions the company to accelerate exploration activities in 2026.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

TPG Telecom has secured shareholder approval for a $3 billion capital return, marking a pivotal step in its transformation to a mobile-focused business. The company also introduced a Reinvestment Plan aimed at boosting minority ownership and liquidity.

Capricorn Metals has released a conceptual study indicating promising underground mining opportunities at its Orion South deposit within the Mt Gibson Gold Project, potentially boosting gold production beyond current open pit plans.

Megaport Limited has announced a fully underwritten A$200 million equity raising to fund its acquisition of Latitude.sh, a global Compute-as-a-Service platform, alongside a strategic investment to accelerate network expansion in India. The acquisition is expected to significantly enhance Megaport’s revenue and EBITDA on a pro forma basis for FY25.

Cann Group Limited has finalized a $15.3 million settlement with National Australia Bank, releasing all security and closing loan facilities as part of a broader debt restructuring. The company is advancing a $9 million new loan and a $9 million capital raise, including a share purchase plan closing November 17.

Bendigo and Adelaide Bank’s latest Basel III disclosures reveal a slight dip in capital ratios offset by improved liquidity and funding stability for the quarter ended September 2025.

Rox Resources has initiated underground mining at its Youanmi Gold Project with the first cut fired at the United North pit, backed by robust lender commitments and progressing steadily toward production.

Altair Minerals has raised A$13 million through an institutional placement led by 1832 Asset Management, fully funding an extensive drilling program at its Greater Oko Project set to begin early next year.

West Wits Mining has issued over 100 million unlisted options to Absa Bank to settle loan fees, reflecting a deepening partnership and shared confidence in the Qala Shallows gold project.

N1 Holdings Limited has expanded its funding capacity beyond $380 million through a major refinance and the launch of a new mortgage fund, positioning itself for growth in Australia's private credit market.