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Hammer Metals Eyes $61m Larvotto Deal Amid $81m Austral Rival Bid

8:27am on Thursday 30th of July, 2026 AEST Mining
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Hammer Metals Eyes $61m Larvotto Deal Amid $81m Austral Rival Bid

8:27am on Thursday 30th of July, 2026 AEST
Key Points
  • Binding Larvotto scheme values Hammer at $0.067 per share
  • Austral Resources submits higher $0.087 per share non-binding offer
  • WA Yandal gold assets to be demerged into SpinCo
  • Kalman drilling delivers strong copper-gold-molybdenum-rhenium intercepts
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