Business and Finance
Mining giant BHP has agreed to sell its Kambalda Nickel Concentrator (KNC) and a package of associated tenements and mineralisation rights in Western Australia to Gold Fields. The deal hands control of the facility and surrounding rights to an established local operator, providing long-term operational certainty for the Goldfields region,…
Auric Mining completes Union Jack acquisition to increase gold resources
Auric Mining Ltd. has completed the acquisition of the Union Jack granted mining lease (M15/120) near Coolgardie in Western Australia for AU$6.5 in cash and AU$3 million in shares. The 89-hectare project directly abuts the Great Eastern Highway and holds an Inferred mineral resource estimate of 3.12 million tonnes at…
OD6 raises $6.9M to advance US flourspar project, plans name change to Adaven
OD6 Metals has received firm commitments to raise AU$6.92 million through a single-tranche placement to fund exploration and development at its Quinn fluorspar project in Nevada, US. The placement involves issuing over 72.8 million new ordinary shares at 9.5 cents per share to investors. The issue price represents a 13.6…
OD6 raises $6.9M to advance US flourspar project, plans name change to Adaven
OD6 Metals has received firm commitments to raise AU$6.92 million through a single-tranche placement to fund exploration and development at its Quinn fluorspar project in Nevada, US. The placement involves issuing over 72.8 million new ordinary shares at 9.5 cents per share to investors. The issue price represents a 13.6…
Rox Resources achieves financial close on $350M debt facility for Youanmi gold mine
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…













