Latest Mergers And Acquisitions News

Venus Metals Corporation advances its Sandstone gold and Youanmi base metals projects with new exploration targets, hyperspectral imaging breakthroughs, and ongoing development work, supported by a solid cash and investment position.

Beetaloo Energy has bolstered its financial footing with a $66.3 million equity placement and a $15.4 million R&D tax refund, underpinning key developments at the Carpentaria Gas Plant and local frac sand project.

Livium Ltd boosted battery recycling revenue and secured a new centralised hub to expand capacity, while advancing rare earth and solar panel recycling technologies. Strategic funding for its lithium cathode plant remains under review.

Medallion Metals has greenlit development at Ravensthorpe following a $50 million loan and environmental approval, while integrating Forrestania assets to underpin a multi-source gold strategy.

Western Mines Group reported strong March quarter progress at Mulga Tank, delivering high-grade nickel sulphide results and expanding its project portfolio with new acquisitions and a magnesite supply MoU.

Ore Resources (ASX: OR3) has expanded high-grade gold mineralisation at its Forrest prospect through Phase 3 and Phase 4 drilling, while significantly growing its landholdings in the Eastern Goldfields. The company is well funded with A$9.6 million cash, preparing for a busy exploration season with assay results due in May.

Valiant Gold Limited (ASX: VAL) has successfully listed on the ASX, raising $75 million before costs, and is progressing its Comet and Reedy gold projects with key operational milestones underway.

Buxton Resources has secured all key approvals to start drilling at its Madman Project and agreed to sell its 49% interest in the Copper Wolf JV to IGO for about A$6.15 million, shifting its focus to Australian exploration.

Woolworths Group posted a 4.5% increase in third quarter sales, led by strong Australian Food and WooliesX eCommerce growth, while signaling cautious EBIT guidance due to inflation and Middle East conflict impacts.

American West Metals reported a 20% increase in contained copper at its Storm Copper Project and intersected promising skarn mineralisation in initial West Desert drilling, highlighting significant exploration upside across its North American base metals portfolio.

Canterbury Resources has kicked off an extensive drilling campaign at its flagship Briggs Copper Project as part of a Pre-feasibility Study, while securing the Monto Project with promising copper-molybdenum resources. High-grade assays from PNG’s Ekuti Range reaffirm the company’s regional exploration potential.

Jade Gas Holdings has completed its appraisal program at the Tavan Tolgoi coal bed methane project, preparing to lodge its maiden gas reserve booking and advance development plans backed by fresh capital.