Who funded what

A register of how Australian mining companies raise money: the instrument, the price, the discount, and the resulting dilution and runway estimates. Estimates are derived, clearly labelled, and never presented as company guidance.

Financings

Register of Australian mining financings and their terms
Date	Company	ASX code	Commodity	Raise type	Amount	Investor / broker	Offer price	Discount	Est. dilution	Est. cash runway	Source
2026-08-26	FireFly Metals	FFM	Copper-gold	Institutional placement + bought deal	A$180,000,000	Institutional investors; A$10m SPP to follow at same price	A$1.78	—	—	—	Proactive Investors, 26 Aug 2026
2026-08-12	Wia Gold	WIA	Gold	Placement	A$125,000,000	Argonaut Securities, Tamesis Partners, Stifel (joint lead managers)	A$0.425	0% to last close, 2% to 5-day VWAP	—	Fully funds Kokoseb to first gold (company-stated)	ASX announcement, 12 Aug 2026
2026-08-05	Ionic Rare Earths	IXR	Rare earths	Placement	A$8,000,000	Institutional and sophisticated investors	A$0.26	—	—	—	Kalkine, 5 Aug 2026
2026-07-01	Forrestania Resources	FRS	Gold	Two-tranche institutional placement	A$310,000,000	Institutional investors; funds Edna May acquisition from Ramelius	A$0.40	—	—	—	SmallCaps, 1 Jul 2026
2026-06-01	Barton Gold	BGD	Gold	Placement	A$25,500,000	Canaccord Genuity, MST Financial (lead managers)	A$0.85	3.4% to last close	11.1% (company-stated)	—	SmallCaps, 1 Jun 2026

FFMCopper-gold

FireFly Metals

Date: 2026-08-26
Commodity: Copper-gold
Raise type: Institutional placement + bought deal
Amount: A$180,000,000
Investor / broker: Institutional investors; A$10m SPP to follow at same price
Offer price: A$1.78
Discount: —
Est. dilution: —
Est. cash runway: —
Source: Proactive Investors, 26 Aug 2026

WIAGold

Wia Gold

Date: 2026-08-12
Commodity: Gold
Raise type: Placement
Amount: A$125,000,000
Investor / broker: Argonaut Securities, Tamesis Partners, Stifel (joint lead managers)
Offer price: A$0.425
Discount: 0% to last close, 2% to 5-day VWAP
Est. dilution: —
Est. cash runway: Fully funds Kokoseb to first gold (company-stated)
Source: ASX announcement, 12 Aug 2026

IXRRare earths

Ionic Rare Earths

Date: 2026-08-05
Commodity: Rare earths
Raise type: Placement
Amount: A$8,000,000
Investor / broker: Institutional and sophisticated investors
Offer price: A$0.26
Discount: —
Est. dilution: —
Est. cash runway: —
Source: Kalkine, 5 Aug 2026

FRSGold

Forrestania Resources

Date: 2026-07-01
Commodity: Gold
Raise type: Two-tranche institutional placement
Amount: A$310,000,000
Investor / broker: Institutional investors; funds Edna May acquisition from Ramelius
Offer price: A$0.40
Discount: —
Est. dilution: —
Est. cash runway: —
Source: SmallCaps, 1 Jul 2026

BGDGold

Barton Gold

Date: 2026-06-01
Commodity: Gold
Raise type: Placement
Amount: A$25,500,000
Investor / broker: Canaccord Genuity, MST Financial (lead managers)
Offer price: A$0.85
Discount: 3.4% to last close
Est. dilution: 11.1% (company-stated)
Est. cash runway: —
Source: SmallCaps, 1 Jun 2026

How the estimates work

Discount is measured against the last disclosed traded price before the offer. Estimated dilution assumes all offered securities are issued. Estimated cash runway divides disclosed cash plus proceeds by the most recent disclosed quarterly operating outflow. Where a field shows an em dash the figure was not disclosed in the linked source and we do not estimate it. Send a correction through the submit page.