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1 week ago | smallcaps.com.au | Colin Hay

Cavalier Resources (ASX: CVR) is set to begin final funding negotiations for the commencement of Stage 1 mining at its Crawford gold project in Western Australia. The company entered into initial discussions with Raptor Capital International in February for a stream finance facility of approximately $17 million, which was subject to a number of conditions including due diligence studies.

1 week ago | smallcaps.com.au | Colin Hay

The Minerals Council of Australia (MCA) is leading an attack on the Victorian government’s reported plans to add new fees and charges that would make operating a mine in the state even more expensive. According to various sources, Victoria is proposing to introduce new mining costs that would raise operational fees to the highest in the nation. The mining industry warns it will pull back on investment in Victoria if the proposed increases are imposed on the sector.

1 week ago | smallcaps.com.au | Colin Hay

Cobalt Blue Holdings (ASX: COB) and mining giant Glencore International have signed an agreement for the provision of cobalt hydroxide feedstock to the ground-breaking Kwinana cobalt refinery (KCR) in Western Australia. The KCR will be Australia’s first cobalt sulphate refinery and a key component in the country’s domestic critical minerals development plans, with the capacity to produce cobalt metal for industrial applications such as magnets and superalloys for aerospace and defence.

1 week ago | smallcaps.com.au | Colin Hay

Gas producer Vintage Energy (ASX: VEN) has successfully completed its shortfall offer, bringing total proceeds raised – including from the preceding entitlement offer – to the targeted $2.1 million. The company has allocated a total of 328 million shares to new and existing shareholders under the shortfall offer, with each new share allotted a non-tradeable free attaching option exercisable at 0.9 cents and expiring 7 March 2027.

1 week ago | smallcaps.com.au | Colin Hay

Brazilian Rare Earths (ASX: BRE) is preparing to accelerate exploration activities at its Sulista project area in north-eastern Brazil on the back of strong results from the Sulista West prospect. The company’s phase 2 exploration program has confirmed the discovery of an ultra-high-grade rare earth elements (REE), niobium (Nb), scandium (Sc), tantalum (Ta) and uranium (U) deposit in a new district-scale mineralised corridor.