Latest Finance News

Element 25 Limited has raised AU$10 million to advance its Butcherbird Expansion Project in Western Australia, aiming to increase manganese production and support its innovative battery materials refinery in the US.

Alliance Nickel has appointed financial advisors to explore a SPAC transaction for a Nasdaq listing, aiming to tap into premium US capital markets for its NiWest Nickel-Cobalt Project. The move follows a robust feasibility study and a strategic partnership with automaker Stellantis.

Toubani Resources has made significant strides in advancing its Kobada Gold Project, reporting promising drilling results and securing a substantial A$395 million funding package to support project development.

Syrah Resources reported resumed production at its Balama graphite mine and ongoing qualification delays at its Vidalia anode material facility, while US tariffs on Chinese graphite reshape global supply chains.

Gale Pacific reports stabilising trading conditions in Q1 FY26 with a strategic U.S. operating model overhaul delivering significant cost savings, despite a slight dip in overall sales.

IODM Limited has reported a record-breaking first quarter for FY26, with cash receipts soaring 76% year-on-year, driven predominantly by explosive growth in its UK Education segment. The company also made strategic advances in North America and Japan, setting the stage for broader global expansion.

Sunshine Metals Limited reported a solid cash position of AUD 5.1 million at the end of Q3 2025, supported by a strong financing inflow that offsets ongoing exploration expenditures.

Tarrina Resources is set to acquire promising exploration assets in NSW and SA, backed by a $5 million capital raise. The move aims to reposition the company within the mining sector and secure its ASX listing.

Tesoro Gold Limited reported a challenging quarter with significant cash outflows but secured $26.7 million in capital to advance its El Zorro Project. The company aims to sustain operations through a planned second tranche of funding.

Astral Resources has strengthened its leadership and advisory teams to drive the Mandilla Gold Project towards production, targeting first gold output by the end of 2027. The company has also engaged GR Engineering Services for critical feasibility work and appointed Taylor Collison to assist with debt financing.

Nelson Resources has submitted a Program of Work for an extensive drilling program at its Yarri Gold Project, with MEGA Resources set to fully fund operations up to $10 million. Drilling is expected to begin shortly after regulatory approval.

Black Rock Mining has secured A$14 million through a placement and oversubscribed share purchase plan to kickstart early construction at its Mahenge Graphite Project in Tanzania, backed by strong government and industry support.