Latest Asset Acquisition News

BOA Resources is poised to launch a 7,500m drilling campaign at its Neds Creek Copper Project in WA, targeting the Ricci Lee prospect to define a maiden resource and build on recent asset acquisitions.

HiTech Group Australia is acquiring Hudson Global Resources’ Australian operations for $7 million, significantly broadening its footprint and diversifying services beyond ICT recruitment.

Keybridge Capital Limited confirms ongoing financial support from WAM Active and outlines plans to meet overdue reporting obligations ahead of a potential ASX delisting.

Eagle Mountain Mining’s joint venture with Nittetsu has contracted Boart Longyear for a 6,000-metre drilling campaign at Oracle Ridge, marking a significant step in exploring near-mine copper extensions and testing new geophysical targets.

White Energy confirms ASX listing rules exemption for its proposed US metallurgical and Surat Basin coal assets acquisition, advancing due diligence and capital raising plans.

C29 Metals has announced the immediate resignation of Managing Director Shannon Green, with CFO Ailsa Osborne appointed as an interim Executive Director while the company searches for a replacement.

Alcoa Corporation has agreed to acquire South32’s bauxite, alumina, and aluminum assets for $4.1 billion upfront plus up to $750 million contingent, significantly boosting its upstream aluminum operations and supply chain resilience.

IperionX has won up to US$6.6 million from the US Department of War to scale production of ballistic-grade titanium plate and military components, aiming to reduce reliance on imports and strengthen domestic supply chains.

BOA Resources has appointed geologist Graeme Purcell as Managing Director following its acquisition of the Thaduna and Green Dragon copper deposits, setting the stage for a drilling campaign at Neds Creek.

HiTech Group Australia has tabled a conditional $15 million offer to acquire selected assets and employees from Hudson Global Resources, targeting the UpperGround business. The deal hinges on creditor approval, regulatory clearance, and financing, with payments structured across upfront, conditional, and deferred components.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

Galilee Energy is gearing up to drill its Zydeco-1 well in Louisiana this July, aiming to kickstart near-term cash flow from a low-cost, low-risk gas-condensate project. The company’s newly formed US advisory board supports a strategy to scale production through repeatable Gulf Coast asset acquisitions.