Latest Financial Position News

Energy Transition Minerals Ltd made significant strides in its Greenland arbitration and secured preferred bidder status for a strategic Spanish critical minerals project, maintaining a robust cash position.

Tyranna Resources has completed initial steps to acquire a majority interest in Angola’s Maongo Copper-Gold Project, complementing ongoing lithium exploration at Namibe. The company is poised to restart mining activities dormant since the 1960s, backed by a solid cash position and strategic regional assets.

Australian Mines Limited has executed a binding earn-in agreement for up to 80% of the Boa Vista Gold Project in Brazil, backed by a recent $2.5 million capital raise to fund extensive drilling and exploration across its portfolio.

Focus Minerals reported a record gold pour in June 2025 at its Three Mile Hill plant, alongside significant mining progress and infrastructure upgrades at Coolgardie. The company also completed a $250 million sale of its Laverton Gold Project, strengthening its balance sheet.

Andromeda Metals has advanced funding and technical milestones for its Great White Project, securing a $75 million debt facility and validating its kaolin product for industrial ceramic applications.

Strategic Energy Resources has progressed key copper-gold projects in Queensland, securing government funding and advancing surveys with Fortescue, while divesting a non-core asset to sharpen its focus.

Genesis Resources has completed its acquisition of full ownership of the Plavica project in North Macedonia and is advancing environmental studies while preparing for drilling campaigns in Australia’s Northern Territory.

Thunderbird Resources reports standout gold and antimony assay results from NSW projects, while reshaping its copper and uranium joint ventures in Peru and Canada.

Discovery Alaska Limited has terminated its Vinasale Gold Project lease to conserve funds, while maintaining full ownership of the Chulitna Gold Project and exploring new opportunities to boost its portfolio.

Noronex Limited reports promising new copper mineralisation from diamond drilling at its Fiesta Project and extends its strategic alliance with South32 into Botswana, alongside appointing a new CEO to spearhead growth.

Audalia Resources has completed critical drilling programs at its Medcalf vanadium-titanium-iron project, progressing resource upgrades and mine design while managing tight cash reserves and financing arrangements.

Biotron Limited has successfully raised $1.27 million through an entitlement issue to fund its antiviral drug development, including a promising Hepatitis B compound that cleared its initial animal safety study.