Latest Asset Acquisition News

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.

Cooper Metals has completed all regulatory approvals for a ~1,400m RC drill program at Ardmore North, targeting Q2 2026 commencement. The company also executed a strategic asset swap to acquire the Pyramid Gold Project, backed by a nearly $1 million placement.

Nexion Group plans to delist from the ASX in April 2026 after disposing of its main assets, appointing Robert Minson as CEO to spearhead software acquisitions aimed at rebuilding the company for re-admission.

Auric Mining has appointed Gareth Solly as CEO, aiming to fast-track its transition to a mid-tier gold producer by developing the Burbanks processing facility and expanding operations at Munda.

Riedel Resources has secured majority control of two large gold projects in Western Australia’s Laverton district, transforming into a multi-jurisdictional explorer with a strong cash position to fund upcoming drilling campaigns.

Loyal Metals has exercised its option to acquire 100% of the Highway Reward Copper-Gold Mine in Queensland, triggering the sale agreement and setting the stage for full ownership by H2 2026. This move follows extensive exploration that confirmed the project's exceptional grade and scale.

Argent BioPharma has finalized the acquisition of CannPal Animal Therapeutics, securing a Phase 3 veterinary epilepsy asset with near-term commercial prospects and an option to acquire the Neuvis® drug delivery platform, enhancing its neurological portfolio and U.S. market ambitions.

Auric Mining outlines a bold growth plan centered on Kalgoorlie, targeting 25,000–30,000 ounces of gold production from 2028 with a new processing facility and multiple project acquisitions.

Rapid Critical Metals Ltd has acquired an 80% interest in Green Copper Pty Ltd, gaining control of the Tooloom Silver Project in northern New South Wales. The acquisition adds a large, historically productive silver district with multiple high-grade targets, complementing Rapid's existing NSW assets.

Key Petroleum Ltd (ASX:KEY) has completed a placement of over 3 million shares, raising approximately AUD 176,660 before costs to fund asset acquisitions, development, and working capital.

WIN Metals has significantly bolstered its Radio Gold Project by acquiring the fully permitted Princess Royal Gold Mine and securing an exclusive option for the Stumpy Doodle Gold Mine, both promising high-grade gold potential and streamlined development pathways.