Latest Mergers And Acquisitions News

Hot Chili Limited has reported a substantial 391.1-metre copper-gold intersection grading 0.51% copper equivalent from surface at its La Verde discovery in Chile, reinforcing the project's potential for a high-grade starter pit within the Costa Fuego copper-gold project.

Sierra Nevada Gold (ASX: SNX) reports 60% completion of its Phase 1 drilling at the As Safra copper-gold project in Saudi Arabia, with promising geological signs and ongoing government backing.

Peak Processing has reported three consecutive months of positive EBITDA and raised its Q4 FY26 beverage production guidance to approximately 1.6 million units, surpassing earlier estimates.

Valiant Gold’s maiden drilling at South Emu-Triton confirms significant gold mineralisation extending approximately 400 metres below the existing resource, highlighting potential for near-term resource growth and advancing mine planning.

Aruma Resources’ downhole electromagnetic survey at the Tillex Copper-Silver Project reveals a strong, continuous conductor extending along strike and depth, sharpening drill targets ahead of Phase 2.

Aurelia Metals has completed a Pre-Feasibility Study for its New Occidental Tailings Retreatment Project, declaring a maiden Ore Reserve and outlining strong economics and a clear path to production at its Peak Operation in NSW.

Ausgold Limited is ramping up its drilling efforts at the Katanning Gold Project with an imminent 25,000m infill program aimed at tightening drill spacing and underpinning early mine life. Recent results confirm robust resource growth potential and support advancing underground mining studies at Datatine.

Southern Cross Electrical Engineering (ASX:SXE) has secured $150 million through a fully underwritten institutional placement priced at $4.00 per share, aiming to support new contracts and potential acquisitions. A $15 million share purchase plan will follow, offering existing shareholders a chance to participate.

LE Minerals has progressed its $20 million sale of key Queensland graphite assets to M Battery Materials, which is preparing a $15 million ASX IPO. Shareholder approval for in-specie share distribution is expected within months.

PC Gold has reported compelling new gold assay results from its Spring Hill project, alongside a strategic tenement acquisition that expands its landholding by 68km². The company is ramping up exploration with four rigs and a $22 million cash buffer, setting the stage for resource growth beyond the imminent update.

Podium Minerals has confirmed a substantial vertical extension of its Parks Reef PGM deposit in Western Australia, with new drilling revealing strong platinum group metal and copper-gold mineralisation to depths of around 450-500 metres.

Galilee Energy is gearing up to drill its Zydeco-1 well in Louisiana this July, aiming to kickstart near-term cash flow from a low-cost, low-risk gas-condensate project. The company’s newly formed US advisory board supports a strategy to scale production through repeatable Gulf Coast asset acquisitions.