Lotus Resources raises $76M to fund production
Lotus Resources (ASX:LOT) has completed a $76 million institutional placement, priced at $2.15 per share.
Lotus Resources (ASX:LOT) has completed a $76 million institutional placement, priced at $2.15 per share.
MB Gold (ASX:MBG) has commenced trading on the ASX on Feb. 6 following a highly successful initial public offering.
Evergold Minerals (ASX:EG1) announced a financial milestone, securing $5.2 million through a strategic share placement.
Impact Minerals (ASX:IPT) announced a metallurgical breakthrough, identifying a standalone development pathway to produce high-value Sulphate of Potash and hydrochloric acid from lake clays at its Lake Hope and Salmon Gums projects.
Kali Metals (ASX:KM1) has secured $7 million through a strategic share placement to institutional and sophisticated investors to accelerate its 2026 exploration programs.
Genmin (ASX: GEN), an emerging force in the African iron ore sector, bolstered its market position by securing an 18-month extension on its memoranda of understanding with three of China's most influential steel producers.
MGX Resources (ASX:MGX) has completed its acquisition of a 50% interest in the Central Tanami Gold Project joint venture.
The global mining landscape has been jolted after Rio Tinto (ASX:RIO) abandoned merger talks with Swiss rival Glencore.
Great Western Exploration (ASX:GTE) has cleared the path for an aggressive exploration blitz across its Yerrida North Copper-Gold Project in Western Australia.
European Lithium (ASX:EUR) has strengthened its liquidity position by completing the sale of 2.5 million ordinary shares in Critical Metals Corp (NASDAQ:CRML).
Apollo Minerals (ASX:AON) has secured a significant financial boost as Tribeca Investment Partners committed to a $2.8 million strategic placement.
Resolute Mining (ASX:RSG) has cleared its final major regulatory hurdle in West Africa, securing a mining permit for the Doropo Gold Project.