Latest Acquisition News

Yancoal Australia is set to increase its ownership in the Moolarben Joint Venture from 95% to 98.75% through a $110.5 million acquisition, combining upfront and deferred payments linked to coal prices.

Arika Resources has responded to an ASX price query, confirming no undisclosed information behind recent share price movements and highlighting its active drilling program and recent $5 million capital raise.

Resolution Minerals has addressed ASX concerns over recent share price and volume spikes, attributing the activity to ongoing developments in its US Horse Heaven project acquisition.

Connexion Mobility reported steady revenue growth and a 7% increase in net profit before tax for Q4 FY25, driven by expanding SaaS subscriptions and strategic product enhancements.

Orbminco Limited has executed a binding agreement to acquire the Majestic North Gold Project in Western Australia and commenced maiden drilling, marking a significant step in its growth strategy.

Mineral Commodities Ltd updates investors on the postponed completion of its Skaland Graphite Project sale due to the buyer's funding constraints, with new non-refundable payments and operational support commitments outlined.

MRG Metals Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $818,000, aiming to fund exploration and development activities across its heavy mineral sands projects in Mozambique.

DigitalX has expanded its Bitcoin treasury by acquiring an additional 57.5 BTC, pushing total holdings to over 425 BTC valued at A$78.2 million. This move underscores the company’s commitment to a Bitcoin-first strategy amid growing institutional interest.

Eureka Group Holdings has acquired Emerald Tourist Park in Queensland, marking its sixth acquisition since a major capital raise and reinforcing its strategy in affordable rental accommodation.

Askari Metals has identified significant high-grade copper mineralisation in historic drilling at its newly acquired Nejo Gold Project in Ethiopia, revealing promising exploration upside in a prolific mineral belt.

Magnum Mining & Exploration has completed key acquisitions of copper-gold projects in the USA and a rare earths package in Brazil, while raising $0.5 million through a recent entitlement offer to fund exploration and development.

Andean Silver Limited has raised A$30 million through a well-supported placement, positioning the company to accelerate exploration and advance mining studies at its Cerro Bayo Silver-Gold Project in Chile.