Galantas Gold Corporation has successfully closed a $100 million private placement, issuing 181 million units at $0.55 each. Backed by strategic shareholders including Eric Sprott, Ocean Partners, and Melquart, the net proceeds are earmarked to fund exploration and development at the Indiana gold and copper project, as well as the pending Andacollo gold project in Chile. If the Andacollo acquisition is not approved, its designated funds will be reallocated. The capital injection aims to rapidly advance both assets toward production by early 2027.
May 30, 2026 23:23Meridian Mining (TSX, LSE: MNO) has successfully commenced trading on the London Stock Exchange’s Main Market after raising £25 million ($34 million), a strategic move aimed at securing future inclusion in the FTSE All-Share and FTSE 250 indices. The capital injection will accelerate the development of its Cabaçal gold-copper project in Mato Grosso, Brazil, an advanced-stage open-pit operation with an estimated post-tax IRR of 61% and a net present value of US$984 million. This London listing expands the company's global footprint beyond Toronto and Frankfurt, positioning the Cabaçal volcanogenic massive sulphide deposit as a scalable platform for the company's South American growth strategy.
May 2, 2026 15:07In late March 2026, the Philippine DOE mandated the expedited grid integration of 22 renewable energy projects (1,471 MW) by April 2026 to mitigate fossil fuel price volatility stemming from Middle East conflicts. This emergency deployment is heavily concentrated in solar PV, with 12 projects accounting for a dominant 1,284 MW of the total capacity.
Mar 31, 2026 19:09Brazilian steel and iron ore giant Companhia Siderúrgica Nacional (CSN) has successfully secured a $1.2 billion syndicated bridge loan from international lenders to reinforce its liquidity and support ongoing production operations. This financial maneuver provides crucial breathing room as the company manages heavy capital expenditures, including the ongoing $260 million modernization of Blast Furnace No. 2 at the Volta Redonda plant. The fresh capital injection will ensure seamless raw material procurement, stable continuous casting, and uninterrupted rolling mill operations during the transitional maintenance phases
Mar 26, 2026 13:28Fulin Precision has announced a major capital injection of 1.004 billion yuan into its project company, Inner Mongolia Fulin Era New Energy Material, to accelerate the development of its lithium iron phosphate (LFP) facilities in Ordos. The investment was led by the subsidiary Jiangxi Shenghua (779 million yuan), alongside Qianyuan Huizhi and Jiebao Investment. Consequently, Fulin Era's registered capital has surged from 1 million to over 1.005 billion yuan.
Mar 19, 2026 11:58Recently, Jinzhai Gotion Battery Technology Co., Ltd. was established, with Meng Lingkui as the legal representative and a registered capital of 50 million yuan. The company is indirectly wholly owned by Gotion High-tech, and its business scope includes R&D of new material technologies, battery manufacturing, manufacturing of automotive parts and accessories, battery sales, NEV vehicle sales, and battery leasing.
Feb 11, 2026 17:49