Latest Mergers And Acquisitions News

Xingye Gold has increased its takeover bid for Far East Gold to $0.15 per share, conditional on securing majority ownership by 21 July 2026, and extended the offer period to 29 July. The improved price offers a significant premium amid ongoing project and financial risks at Far East Gold.

Great Southern Mining (ASX:GSN) is pushing forward with aggressive drilling campaigns across its Western Australian and Queensland gold projects, supported by a recent $4.6 million equity placement. Early results hint at promising extensions of known mineralisation, setting the stage for further resource growth.

Right Resources Limited has raised A$2.7 million through a placement anchored by major shareholders, including directors, to fund drilling and exploration across its Tumbarumba and New England projects.

Oceana Metals has confirmed extensive high-grade rare earth mineralisation at its Serra Negra project in Brazil, with assays revealing grades over 4% TREO across thick intervals. A 20,000m diamond drill program is set to start soon, targeting a maiden resource estimate.

8common Limited posted positive EBITDA and net profit before tax in Q4 FY26, secured a major multi-year contract with the Australian Taxation Office, and fully repaid its loan facility.

Unico Silver has secured permanent ownership of over 10,000 hectares critical to its Joaquin silver-gold project, replacing a limited mining easement and reducing development risk ahead of its Pre-Feasibility Study.

Steadfast Group has granted a four-week extension to the exclusivity period for its non-binding $6 per share acquisition proposal from a consortium led by Amwins and Dragoneer, following their re-confirmation to proceed.

Synertec’s Powerhouse platform has been selected by Amplitude Energy to optimise power at the Orbost Gas Processing Plant, marking a strategic step into large-scale industrial energy solutions.

Larvotto Resources has moved decisively to secure the Blockade Copper Mine near Mt Isa, Queensland, following due diligence drilling that confirmed robust, continuous copper mineralisation. The acquisition positions Larvotto to accelerate its push towards near-term copper production in a region with established infrastructure.

Chariot Resources has secured additional exploration licence transfers in Nigeria and increased its convertible loan to fund regulatory costs, pushing its Nigerian lithium acquisition closer to completion.

EQ Resources delivered its strongest quarterly tungsten output since early 2024, alongside record sales driven by higher prices and volumes, despite some operational hiccups in Spain.

TG Metals' recent drilling at Van Uden reveals extensive near-surface laterite gold mineralisation beyond existing resources, underpinning a promising heap leach development with low capital costs and high recoveries.