Latest Acquisition News

Manhattan Corporation reports progress on its planned acquisition of the Hook Lake Project in Nunavut alongside promising high-grade gold drilling results at Tibooburra and ongoing lithium exploration in Nova Scotia.

Australis Oil & Gas reported a dip in Q2 sales volumes and revenue due to operational challenges but maintained positive cash flow and reduced debt. The company is actively seeking a funding partner to unlock the potential of its Tuscaloosa Marine Shale assets.

DataWorks Group reports a dramatic reduction in cash outflows and rising revenues, driven by strong contract execution and cost discipline, setting the stage for positive operating cash flow by December 2025.

Eneco Refresh Limited reported a solid 7% revenue increase in Q4 FY25, driven by strong regional performances and renewed contracts, while investing in automation and operational efficiency.

Alchemy Resources has made significant strides in its June quarter exploration, identifying major lithium targets at Karonie and acquiring full iron ore rights at Bryah, while advancing base metals exploration in NSW.

Energy Resources of Australia (ERA) reports ongoing legal challenges over the Jabiluka Mineral Lease and compulsory acquisition objections requiring Federal Court approval, while investing heavily in Ranger Project rehabilitation.

First Au Limited has consolidated its flagship Victorian Goldfields Project with 100% ownership and is aggressively advancing its Nimba Gold Project in Liberia, supported by a $1.5 million capital raise and new drilling programs.

Mindax Limited strengthens its position in Western Australia's Mid-West iron ore sector with a strategic investment in Cashmere Iron and an option to acquire full ownership of the Mt Forrest project.

Rio Tinto reported robust half-year results with $11.5 billion underlying EBITDA, advancing key projects and completing a major lithium acquisition amid challenging market conditions.

Enlitic reports a 48% revenue surge in Q2 FY25, secures a major $50 million partnership with GE HealthCare, and completes a $10 million equity raise, positioning itself for operational break-even by year-end.

Bulletin Resources has significantly expanded its Lake Rebecca Gold Project to 1,100 square kilometres through a strategic acquisition, while facing regulatory challenges at its Ravensthorpe Lithium Project. The company maintains a strong financial position as it prepares for upcoming exploration activities.

RemSense Technologies closed FY2025 with a positive EBITDA and expanding virtualplant platform usage among major clients, setting the stage for significant growth in FY2026. The company’s strategic hires and new contracts highlight its rising footprint in industrial digital transformation.