Business and Finance
Western Australian gold developer Rox Resources Ltd. has reached financial close on its AU$350 million debt facility, ensuring its Youanmi gold mine remains fully funded as it moves into the main delivery phase. The company has completed an initial drawdown of AU$90.2 million under its AU$300 million senior secured project…
Dynamic Metals divests Lady Jane project to First Au in $650,000 deal
Dynamic Metals Ltd. has agreed to sell its Lady Jane gold project in Western Australia’s Eastern Goldfields to junior explorer First Au Ltd. for AU$650,000 in cash and deferred consideration. Lady Jane comprises six granted exploration licences covering prospective Archean greenstone geology. The tenements sit at the convergence of the…
Sunrise pursues US redomiciliation and Nasdaq listing to advance scandium project
Sunrise Energy Metals Ltd. is moving ahead with its plans to redomicile to the United States and secure a Nasdaq listing. Under the proposed members' scheme of arrangement, newly incorporated Delaware entity Sunrise Energy Metals, Inc. (Holdco) will acquire all ordinary shares in Sunrise. The transaction will transform Sunrise into…
Chilwa Minerals completes Nasdaq dual-listing, raises $3.5M in IPO
Chilwa Minerals Ltd. has completed a US$3.5 million (AU$5 million) underwritten public offering in the United States, marking its official debut on the Nasdaq Capital Market. The dual-listing saw Chilwa issue 625,000 American Depositary Shares (ADSs), with each ADS representing 10 ordinary shares, at an issue price of US$5.60 per…
Lynas Rare Earths expands into Brazil with Meteoric Resources deal
Lynas Rare Earths Ltd. has agreed to acquire 100 per cent of Meteoric Resources via a Court-approved scheme of arrangement, in a deal valuing the target company at approximately AU$968 million. The transaction will bring Meteoric’s flagship Caldeira rare earth project in Minas Gerais, Brazil, into Lynas’ portfolio. Caldeira is…
Yancoal completes acquisition of major stake in Kestrel coal mine
Yancoal Australia Ltd. has completed its acquisition of an 80 per cent controlling interest in Queensland’s Kestrel coal mine from vendors including EMR Capital Advisors and Adaro Capital. Yancoal paid an upfront cash consideration of US$1.85 billion (AU$2.66 billion) upon completion, subject to customary adjustments and deducting an initial US$40…
Develop Global issues first guidance, forecasts strong cashflow growth
Develop Global Ltd. has issued its first annual production, operating cost, and capital expenditure guidance, forecasting robust cash flow growth for the 2027 fiscal year. The guidance marks an operational milestone as the company scales up operations across its key base metals and lithium assets in New South Wales and…
Pantera Minerals expands gold portfolio through low-cost Corona acquisition
Pantera Minerals Ltd. has agreed to acquire a 100 per cent interest in the Corona gold project, securing a 470-square-kilometre prospective ground position in Western Australia’s Albany Fraser Orogen. Pantera secured the granted exploration licences for a total consideration of AU$200,000, comprising AU$40,000 in cash and AU$160,000 in Pantera shares,…














