Latest Asset Acquisition News

Oceana Metals is launching a major drilling and re-assaying campaign at its Serra Negra Rare Earths Project in Brazil, aiming for an initial resource estimate later in 2026.

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

Diablo Resources has completed the first tranche of a placement, raising $764,400 through 58.8 million shares at 1.3 cents each, with a shareholder meeting planned in June to approve a further $2.7 million raise.

Rapid Critical Metals has obtained its initial drilling approval for the Webbs Silver Project, setting the stage for an RC drill program targeting extensions of a newly discovered parallel silver lode and existing ore zones.

Centuria Industrial REIT has executed $188 million in divestments at an average 17% premium to book value, trimming gearing by about 3%. The REIT also completed a key development in Direk, SA, and reaffirmed its FY26 earnings and distribution guidance.

Almonty Industries reported a 221% jump in Q1 2026 revenue to CAD 25.4 million, driven by soaring tungsten prices and ramp-up at its Sangdong Mine, while net loss narrowed to CAD 5.3 million amid strong operational cash flow.

Duketon Mining has wrapped up its maiden drilling campaign at Barlee, extending the program beyond 6,000 metres across eight prospects, while exercising its option to acquire the Killarney Gold Project. Assay results from Barlee are expected within six weeks, with Boodanoo drilling returning no significant gold.

WIN Metals has uncovered exceptional gold grades up to 334 g/t at its Radio Gold Project, extending mineralisation beyond current mine designs and strengthening the case for a near-term development decision.

Key Petroleum Ltd has wrapped up the last 3% tranche of its share placement, raising nearly $59,000 and exhausting its 15% ASX placement limit. The fresh capital is earmarked for asset acquisitions, development, and working capital.

Australian Agricultural Projects is poised for its 2026 olive harvest with upgraded equipment and has reduced borrowings despite early March flooding. Cash flow remains strong, though a seasonal deficit looms.

Power Minerals has sealed its acquisition of the Morro do Ferro Rare Earths Project, a high-grade rare earth asset in Brazil, setting the stage for accelerated exploration and resource definition.

Key Petroleum’s shares more than doubled in April with no new material information to explain the jump, as the company awaits delayed government approval for a key project.