Latest Mergers And Acquisitions News

Alfabs Australia is sharpening its financial focus with a plan to double or triple free cash flow by FY2028, underpinned by a disciplined capital framework and a clear dividend reinstatement path.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Orpheus Uranium has secured a binding agreement to acquire seven exploration licences from Adavale Resources, significantly expanding its Marree Project landholding in South Australia’s Northern Flinders Ranges and advancing the project to advanced exploration status.

Anson Resources and POSCO Holdings have inked a binding agreement for POSCO to design and operate a $7.2 million Direct Lithium Extraction demonstration plant at the Green River Lithium Project in Utah, aiming to validate proprietary lithium extraction technology and strengthen U.S. battery supply chains.

West Cobar Metals (ASX: WC1) has struck a deal to acquire the Baxter Fluorspar Project in Nevada, a site with a rich history of premium acid-grade fluorspar production. Backed by a $1.05 million placement, the acquisition positions WC1 within a critical US supply chain for fluorspar, a mineral vital for semiconductor and defence industries.

Southern Cross Media Group trims FY26 revenue and EBITDA forecasts amid tougher TV advertising conditions, initiating a major cost reduction program targeting up to 300 job cuts and $150 million in annual savings.

Waratah Minerals reveals substantial high-grade gold extensions at its Spur Gold Project, with drilling extending mineralisation up to 160m and confirming a district-scale system.

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Piche Resources’ maiden RC drilling at Cerro Chacón reveals a widespread low-sulphidation epithermal gold-silver system, with assays confirming mineralisation over 10 km² at Toro Hosco and promising high-grade silver and gold intercepts.

Lendlease appoints seasoned real asset executive Nick O’Neil as CEO, marking a leadership shift aligned with its strategic reset and portfolio simplification.

Independent lab tests confirm helium levels over 12 times atmospheric background and hydrogen concentrations exceeding 6,200 times background at Prominence Energy's PEL 803 in South Australia, underpinning a robust subsurface gas system model.

Minbos Resources has drawn down the first US$4.8 million from its US$16 million loan facility with South Africa’s IDC, marking a key step forward for the Cabinda Phosphate Fertilizer Plant. The company has initiated orders for critical equipment and completed Phase-1 construction, with Phase-2 contracts expected soon.