Latest Acquisitions News

Renegade Exploration has divested its 22% stake in the Carpentaria Joint Venture to True North Copper for $2.88 million, securing cash, shares, performance rights, and a new Queensland gold project, while preserving exposure to key copper assets.

The Australian Competition and Consumer Commission has signalled no objection to Rubik Australia's full acquisition of Qube Holdings, paving the way for the scheme's next legal and regulatory steps. The Qube board also plans a fully franked special dividend, contingent on scheme approval.

True North Copper has finalized its acquisition of Renegade Exploration's stake in the Carpentaria Joint Venture, consolidating the Mongoose Resource with its Taipan deposit. This move unlocks new development and resource growth opportunities within the Cloncurry Copper Project ahead of a key Pre-Feasibility Study due later this year.

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.

Ragusa Minerals has completed its acquisition of a controlling interest in Pegasus Tel, gaining access to the Purple Pansy manganese-gold project in Arizona, positioning itself within a critical US supply chain sector.

Emeco Holdings expects FY26 operating EBITDA near $290 million despite weather and supply headwinds, while FY27 outlook targets stable earnings with improved utilisation and ongoing deleveraging.

SDI Limited has satisfied key regulatory approvals and financing conditions for its proposed A$1.40 per share acquisition by a Sinocera-controlled bidder, with shareholder and court approvals still pending.

Diamond Infraco’s takeover bid for Atlas Arteria remains fixed at A$5.10 per security and is now unconditional, urging securityholders to act before the June 25 closing date amid lingering asset sale uncertainties.

Platina Resources has signed a binding Share Sale Agreement to acquire Bravo Minerals, owner of the Sunrise Bore Exploration Licence, expanding its Laverton gold portfolio in a promising but underexplored corridor.

Bass Oil has secured full ownership of the Vanessa gas field in the Cooper Basin, aiming to resume gas sales by year-end after recommissioning the facility and pipeline.

Electro Optic Systems’ MARSS division has been tapped by BAE Systems to provide the AI-driven command and control platform for its new Anti Threat System, a major step in global counter-drone defence.

Perpetual Resources (ASX: PEC) has locked in a 100% stake in the historic Nevada Scheelite tungsten mine, boasting an average grade of 1.1% WO3 and existing underground infrastructure. The acquisition is backed by a $2.5 million placement to fund validation and exploration.