Latest Mergers And Acquisitions News

Star Minerals has appointed ResourcesWA to manage the mine approval process for its Tumblegum South Gold Project, setting a clear path to commence mining by Q1 2026 amid strong gold prices.

C29 Metals has identified several promising multi-commodity exploration targets in Kazakhstan through advanced airborne geophysical surveys, setting the stage for extensive fieldwork and drilling later this year.

Peak Minerals has confirmed a significant new rutile province at its Minta Rutile Project in Cameroon, with initial drilling revealing consistent heavy mineralisation over a 12km strike. The discovery expands the project's potential towards a globally significant scale.

Top End Energy has expanded its lease holdings at the Serpentine Natural Hydrogen Project in Kansas to over 30,000 acres, positioning itself strategically alongside industry leaders and advancing towards exploration drilling.

TasFoods reported a $10.7 million net loss for FY2024, challenged by an oversupplied poultry market and a significant asset impairment. The company is pivoting towards growth in pet treats and dairy exports to stabilize its future.

Vitura Health reports sustained revenue and EBITDA growth in Q3 FY2025, driven by recent acquisitions and operational improvements, positioning the company well for FY2026.

DeSoto Resources has initiated diamond drilling at its 100%-owned Fenton South Au-Cu Project in the Northern Territory, targeting a large, untested geophysical anomaly. The company also prepares to begin drilling at its fully permitted Spectrum Project, aiming to unlock multiple high-priority mineralisation targets.

VHM Limited has successfully raised $8.25 million through a discounted share placement, bolstering funds for its Goschen Project's next development phase. A subsequent $2 million Share Purchase Plan offers existing shareholders a chance to participate.

Dalaroo Metals has appointed industry veteran Chris Connell as CEO, aiming to leverage his extensive exploration and capital markets expertise to advance its asset portfolio and growth strategy.

IODM Limited has secured a new revenue share agreement with Converain targeting Japan’s growing international education market, marking its fourth such deal globally.

Elixir Energy has unveiled a strategic, fully funded plan to develop its extensive gas resources in Queensland’s Taroom Trough, aiming for initial production by late 2027. The company leverages its dominant acreage position alongside Shell’s operations and a fast-follower approach to unlock multi-TCF reserves.

Somerset Minerals has significantly expanded its footprint in Nunavut’s Coppermine copper region, acquiring 458 km² to become the largest landholder and gearing up for a maiden drilling campaign.