Latest Acquisitions News

Pureprofile delivered a robust Q3 FY26 with 17% revenue growth and a 67% spike in EBITDA, driven by strong international demand and a doubling of platform revenue. The company reaffirmed its FY26 guidance amid ongoing macroeconomic caution.

Prospect Resources has significantly boosted its Mumbezhi Copper Project resource base by 63%, lifted contained copper by 50%, and secured A$45 million in fresh capital to fund an aggressive drilling campaign starting May 2026.

Xpedra Resources has secured $3.2 million through a two-tranche placement to fund drilling and project acquisition across its high-grade gold assets in New South Wales, including Springfield and Neeld.

Temple & Webster is reshaping its leadership with co-founder Mark Coulter stepping down as CEO to become Executive Chair, while former executive Susie Sugden returns to helm the company from July 2026.

Fenix Resources shipped 974,000 tonnes of iron ore in March quarter at a low A$70/wmt cash cost despite cyclone disruptions and diesel supply constraints, boosting cash to A$86.3 million and advancing key projects.

Ampol has increased its divestment offer to the ACCC by four additional sites, raising the total to 41 as it pushes to satisfy competition concerns in its EG Australia acquisition. The move aims to secure regulatory clearance ahead of a mid-2026 transaction close.

Sandfire Resources faced a tragic fatality at its Magdalena mine and production challenges in Q3 FY26, yet sustained financial strength and advanced its Kalkaroo project, keeping full-year copper equivalent guidance intact.

Native Mineral Resources has poured its first 315 ounces of gold doré since restarting mining at Blackjack, signalling a grade uplift and improved production. Meanwhile, the Podosky project advances with site establishment and fleet mobilisation on track for late April ore delivery.

Aurora Labs has made significant strides in commercial propulsion delivery and deepened its partnership with European defence giant MBDA, while scaling manufacturing capabilities and reinforcing its Board with defence expertise.

Mount Hope Mining (ASX:MHM) has completed Phases 1 and 2 drilling at its Mt Solitary gold project in NSW’s Cobar Basin, delivering high-grade intercepts including visible gold up to 52.5 g/t and defining an exploration target of 1.3-1.9 million tonnes at 1.0-1.35 g/t Au.

Elixir Energy has completed its Lorelle-3/3H appraisal well with exceptional gas-condensate pay and the longest lateral drilled in the Taroom Trough. The company enters production testing phase fully funded with $22.3 million liquidity and a $10 million R&D-backed debt facility.

West African Resources (ASX:WAF) closed Q1 2026 with a record A$847 million cash balance, underpinned by robust gold production of 107,728 ounces at an AISC of US$1,921/oz. Meanwhile, Burkina Faso's government formalised a 25% acquisition in the Kiaka project for A$175 million, marking a significant shift in ownership.