Latest Mergers And Acquisitions News

Macro Metals Limited and WA Limestone have completed the acquisition of the Derby East Construction Sands Project near Derby, WA, positioning themselves to tap into growing Southeast Asian sand markets. The project offers low-risk mining potential with strong logistics links to the Port of Derby.

Aeris Resources has unveiled its FY26 guidance, forecasting a significant 37% increase in copper production at its Tritton operation alongside strategic divestments and a robust exploration agenda.

Caspin Resources has revealed significant new high-grade tin mineralisation at its Bygoo Tin Project, supported by a $2.1 million equity raise to accelerate exploration. Ongoing metallurgical testing and a large aerial survey aim to unlock the project's broader potential.

Harris Technology reported a $3.2 million sales quarter with improved gross margins, driven by its expanding refurbished tech division, despite a year-on-year sales decline.

Perseus Mining reports robust drilling results at its Nyanzaga Gold Project in Tanzania, highlighting significant high-grade gold intercepts and potential for mine life extension beyond the initial 11-year plan.

Fletcher Building has initiated a strategic review exploring potential divestment of its Construction Division, responding to inbound interest and strong recent performance. While no sale decision has been made, the company is actively considering options.

Sky Network Television is set to acquire Discovery NZ for a nominal $1, instantly boosting its revenue by around NZD 95 million and expanding its digital footprint through the ThreeNow platform.

Challenger Gold Limited’s major shareholder, the Elsztain Group, has increased its commitment in the company’s institutional placement, raising the total capital raise to $37.5 million. This move signals strong insider confidence ahead of a shareholder vote.

DY6 Metals has significantly expanded its rutile and heavy mineral sands footprint in Cameroon while uncovering high-grade gallium mineralisation in Malawi, backed by a fresh A$4.625 million capital raise.

Audinate Group has completed its $28 million acquisition of Iris Studio, a US-based leader in AI-powered, cloud-based camera control technology, marking a significant expansion into video production solutions.

Brookfield has agreed to acquire ESR's remaining 19.9% stake in Cromwell Property Group, pending regulatory approval, signaling a major consolidation in the Australian real estate sector.

The Supreme Court of Western Australia has approved Ramelius Resources' acquisition of Spartan Resources, setting the stage for a significant consolidation in the gold mining sector.