Latest Acquisition News

Galan Lithium advances construction at its Hombre Muerto West project, targeting first lithium production in the first half of 2026, while strategically expanding its Greenbushes South tenure in Western Australia.

Mastermyne Group has extended its exclusive distribution agreement with Jennmar Holdings for critical strata consolidation products by a decade, locking in supply until 2047. This move strengthens its foothold in the Australian underground coal mining sector.

Vinyl Group Ltd has reported a landmark quarter with record cash receipts up 80% quarter-on-quarter and its first operating cash flow positive result, signalling a turning point for the music and culture company.

Catalina Resources’ recent drilling at Breakaway Dam validates a copper-rich volcanogenic massive sulphide system, revealing significant mineralisation over 700 metres and promising broader exploration potential across 16 kilometres.

VRX Silica Limited has locked in six binding offtake contracts totaling nearly 1 million tonnes per annum and appointed a new CEO, marking significant progress for its Arrowsmith North silica sand project.

GoldArc Resources has consolidated 100% ownership of the Mt Stirling gold deposit and activated a $2.5 million funding facility, kickstarting a diamond drilling program to advance mining plans.

Golden State Mining Limited has appointed a new board and managing director, completed a $1.5 million capital raising, and is advancing exploration with a disciplined approach focused on its Western Australian gold projects.

Legend Mining has significantly expanded its Pinnacle Well Project, acquiring new tenements and identifying two high-priority gold anomalies, while winding back its Rockford joint venture holdings.

Fletcher Building has agreed to sell its Construction Division to global giant VINCI Construction for an initial $315.6 million, with potential to rise to $334.1 million. The move marks a strategic pivot towards focused building products manufacturing.

Yancoal has reported record coal production and sales for 2025, achieving near the top of its guidance range with improved realised prices despite challenging market conditions. The company’s robust cash position and disciplined cost management position it well for future growth.

Babylon Pump & Power has agreed to sell its non-core Ausblast business for $2.8 million, streamlining operations and boosting capital for its water management and rental services.

AuKing Mining reports promising exploration results at Myoff Creek and steady progress at Koongie Park, while grappling with a failed Cloncurry acquisition and significant board changes.