Latest Acquisition Strategy News

Genesis Minerals is poised to boost its gold output to an aspirational 500,000 ounces per annum following its strategic acquisition of Magnetic Resources and the construction of a new Tower Hill mill in Western Australia.

NT Minerals has launched a pro-rata non-renounceable entitlement offer aiming to raise up to $968,722 at $0.002 per share, providing shareholders a chance to subscribe for two shares for every five held. The offer opened on 5 May 2026 and closes on 26 May 2026, with electronic access to prospectus documents and a focus on reducing paper usage.

Altitude Minerals has locked in an exclusive option for the W-Project near Winnemucca, Nevada, adding a sizeable epithermal gold-silver system to its portfolio. Historical drilling shows widespread mineralisation but leaves key high-grade feeder zones untested, setting the stage for a 2026 exploration push.

Metals X reported its fourth highest quarterly tin production at Renison with robust financials despite rising unit costs, while progressing the Rentails project and maintaining a strong cash position.

African Gold Ltd has finalised its court-approved scheme of arrangement, transferring all shares and options to Montage Gold Corp and preparing for imminent ASX delisting.

Raiden Resources is pushing forward with its Crixás Gold Tailings Project in Brazil, planning a 1,000m drilling program to establish a JORC Mineral Resource Estimate and aiming for a Final Investment Decision with less than A$1 million in preliminary costs. Meanwhile, exploration at its Vuzel Gold Project in Bulgaria progresses with permitting for a silver anomaly drill program.

Nexion Group plans to delist from the ASX in April 2026 after disposing of its main assets, appointing Robert Minson as CEO to spearhead software acquisitions aimed at rebuilding the company for re-admission.

De.mem Limited has extended its growth streak with record quarterly cash receipts of approximately $10.4 million, a 31% increase year-on-year, alongside positive operating cash flow of $504,000 for the March 2026 quarter.

Golden State Mining Limited has reinforced its leadership and maintained disciplined exploration efforts across its Western Australian projects, holding a cash balance of $1.3 million at the end of March 2026.

Emmerson Resources has amended its acquisition scheme deed with Pan African Resources, nominating a Pan African subsidiary as the acquiring party while keeping the share exchange ratio intact.

Turnstone Resources has confirmed promising high-grade gold and copper mineralisation from initial rock chip sampling at its newly acquired Klinten Project in Southern Sweden, setting the stage for a targeted drill program later this year.

OD6 Metals has secured a strategic foothold in the US critical minerals market by acquiring the Quinn Fluorspar Project in Nevada, delivering ultra-high-grade assay results and commencing systematic exploration. Meanwhile, metallurgical progress at its Splinter Rock rare earths project and new copper targets at Gulf Creek underpin a diversified critical minerals portfolio.