Latest Acquisitions News

Aruma Resources has executed binding agreements to acquire a majority interest in the Tillex Copper Project in Ontario, Canada, a high-grade copper-silver deposit with significant exploration potential. The company plans immediate exploration and resource development activities to unlock value in this strategically located asset.

Insignia Financial’s Funds Under Management and Administration edged up to $342 billion, driven by strong inflows into its Wrap platform and multi-asset solutions, while Master Trust funds faced ongoing outflows amid product transitions.

Oceana Metals has completed trenching at its Solonópole lithium project in Brazil with assay results pending, while conducting technical reviews of its Australian base and precious metals projects.

Infini Resources has completed a significant Phase 2 drilling campaign at its Portland Creek Uranium Project, alongside a strategic landholding expansion exceeding 120%, while confirming high-grade uranium at other Canadian projects.

Hiremii Limited has reported its highest-ever quarterly revenue and gross profit, driven by growth in its recruitment business and enhanced AI technology. The company also completed a significant capital raise to accelerate its expansion plans.

Breakthrough Minerals has appointed Nigel Broomham as Managing Director to spearhead resource expansion at its North Queensland Copper-Gold Project, signalling a strategic shift towards development.

Genesis Energy has reported a robust second-quarter performance for FY26, underpinned by strong hydro generation and record-low thermal output, prompting an upward revision of its full-year earnings guidance. The company’s strategic focus on portfolio flexibility and renewable projects continues to drive margin quality and operational progress.

DevEx Resources has fortified its leadership and expanded its uranium footprint in the Northern Territory through key tenement acquisitions, backed by a $39 million capital raise. The company also advances rare earths metallurgy and prepares for an extensive 2026 drilling campaign.

Tyranna Resources has secured a 75% stake in the Chinguar Gold Project in Angola and is progressing geological appraisals and sampling, while awaiting tenure extension approval for its Namibe Lithium and Caesium Project.

The Australian Competition and Consumer Commission has advanced its review of Ampol’s acquisition of EG Australia to a more detailed Phase 2 assessment, signalling potential competition concerns. Ampol remains optimistic about completing the deal by mid-2026 despite the regulatory scrutiny.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing significant competition concerns in multiple Australian fuel markets. Ampol’s proposed divestments have so far failed to satisfy the regulator.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing concerns that the deal could significantly reduce competition in key Australian fuel markets.