Latest Asset Acquisition News

Eagle Mountain Mining has received a non-binding indicative offer from Japan’s Nittetsu Mining to form a joint venture, injecting up to US$20 million to advance the Oracle Ridge copper project towards production by 2030.

Lithium Plus Minerals has secured a 20-year mining lease for its Lei Lithium Project, marking a significant step toward production, while its subsidiary Moonlight Resources progresses with an IPO and strategic gold asset acquisition.

APC Minerals reported encouraging gold intersections from its Laverton Downs drilling program while navigating a tight cash position and ongoing asset acquisition efforts.

First Au Limited accelerates exploration at its Gimlet and Nimba gold projects through innovative drill-for-equity agreements and diamond drilling, while progressing a strategic divestment of its Victorian assets.

Rubix Resources has completed co-funded drilling at its Paperbark Project in Queensland and is progressing due diligence on a potential new asset, with assay results expected soon.

Reward Minerals has acquired a key exploration licence covering the Beyondie Potash Plant and is progressing its proprietary potash processing technologies alongside new copper and gold exploration initiatives.

Australian Oil Company Limited has announced an $800,000 capital raising through a two-tranche share placement aimed at advancing its Californian oil and gas projects and exploring new growth opportunities.

Tigers Realm Coal's planned sale of its Russian subsidiaries faces ongoing delays due to regulatory hurdles and buyer demands for further price cuts, leaving the transaction in limbo and the company suspended from ASX trading.

European Lithium Limited has clarified that its subsidiary Critical Metals Corp did not execute a $500 million bitcoin convertible note financing, with no bitcoin acquired and the agreement now expired.

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

South Harz Potash Limited is progressing its transition to a dual-asset strategy, raising A$2.58 million to support expansion while adopting a cautious approach to its core German potash project amid market weakness.

Tartana Minerals reports promising copper and gold assay results at Muscleville, near its Tartana Copper Mine, while expanding its exploration footprint with the acquisition of the Molloy Regional Project in Far North Queensland.