Latest Acquisitions News

Sinclair Gold’s FY2026 annual report captures the company’s rapid shift from a small explorer to a well-funded Mt Henry-focused gold developer-in-waiting. The project’s resource stood at 915,000 ounces at year-end, before a post-year-end update lifted it to 1.8 million ounces after 20,426 metres of drilling.

Lindian Resources has crossed a significant operational threshold, moving Kangankunde in Malawi from construction into active mining while targeting first production in Q4 2026. The transition was funded by A$191.5 million in placements, but the company still faces the harder test of commissioning, downstream integration and cash discipline.

Big River Industries delivered a stronger FY26 despite subdued residential construction, lifting underlying EBITDA 8.4% and reducing gearing after its Johns Building Supplies acquisition. The company is targeting double-digit underlying EBITDA growth in FY27, while its strategic options review remains unresolved.

Perpetual returned to statutory profitability in FY26 and lifted underlying profit and dividends, helped by Corporate Trust and cost savings. But the annual report also exposes the pressure points behind the recovery: $25.1 billion in Asset Management outflows, a $63.5 million TSW impairment and an uncertain Wealth Management sale.

DigiCo Infrastructure REIT is using US asset sales to lower leverage and concentrate capital on its Australian data centre pipeline, led by the fully funded 88MW SYD1 project. The strategy comes alongside a $100.8 million statutory loss, higher distributions and FY27 guidance for 15.0 cents per security.

Kelsian Group delivered record FY26 earnings and lifted its fully franked dividend, while preparing to become a more focused bus, coach and ferry operator. The next test is execution: completing the conditional tourism sale, mobilising new contracts and delivering against FY27 EBITDA guidance.

Ramsay Health Care delivered stronger FY26 earnings, a higher fully franked dividend and improved Funding Group leverage as it prepares to separate Ramsay Santé. The proposed demerger remains conditional, but the company has set a clear timetable for the next phase of its portfolio reshaping.

Latrobe Magnesium has moved its demonstration plant into the final installation stage for magnesium metal, but its annual report flags a material uncertainty over whether the loss-making group can continue as a going concern. The company had $1.09 million in cash at 30 June and has since secured an $8.5 million equity raising to fund commissioning and corporate costs.

Volt Group delivered a steep lift in HY26 revenue, adjusted EBITDA, profit and operating cash flow, with the 4D Delta acquisition providing the largest contribution. The mining technology company also expanded its Westgold solar-lighting fleet and advanced Wescone’s crusher technology.

Australasian Metals has paired a sharply smaller annual loss with a $1.05 million placement aimed at exploring two proposed Côte d’Ivoire lithium projects. The projects remain an option, not an acquisition, while May Queen drilling is being prepared in Queensland.

Australian Silica Quartz Group is shifting its centre of gravity from exploration to development after adding the 47.3Mt White Swan Kaolin Project. The project has an approved 250,000-tonne-per-year mining concept, but commercial offtake and feasibility work remain ahead.

Adisyn has moved closer to commercialising its graphene platform after independently verified sub-300°C deposition, a US patent allowance and a new defence technology arm. The progress came alongside a A$7.83 million statutory loss, A$4.47 million in operating cash outflows and a heavily judgement-based A$42.1 million technology asset.