Latest Due Diligence News

Discovery Alaska has completed due diligence and secured an option to acquire a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, while expanding its claim area to cover promising geological extensions.

A shareholder dispute over Humm Group's handling of competing acquisition bids has escalated to the Takeovers Panel, spotlighting governance and transparency concerns ahead of a pivotal shareholder meeting.

EcoGraf has completed the Independent Engineers’ Report for its Epanko graphite project, paving the way for crucial debt financing and an updated feasibility study.

GWR Group Limited reports a robust cash position of $75 million and progresses its Prospect Ridge Magnesite Project alongside strategic investments in tungsten and royalties from iron ore and gold assets.

European Lithium has agreed to acquire US-based titanium company Velta Holding in an all-scrip transaction, marking a strategic diversification beyond lithium into critical materials.

Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.

Anax Metals Limited has secured a strategic $2.4 million placement and a $3.5 million loan, reinforcing its development plans for the Whim Creek Project in Western Australia's Pilbara region. The company is progressing its feasibility study update, due in March 2026, while advancing partnerships and funding strategies.

Ionic Rare Earths’ UK subsidiary has received a £12 million capital grant offer from the UK Government to develop a pioneering rare earth magnet recycling facility in Belfast, aiming to bolster the UK’s sustainable supply chain for critical minerals.

Gold Mountain Limited has delivered a transformational quarter, confirming significant rare earth and lithium mineralisation in Brazil and securing $3.57 million in fresh capital to advance exploration.

Santana Minerals has cleared key regulatory and operational hurdles for its Bendigo-Ophir Gold Project in New Zealand, with a 30-year mining permit granted and strong drilling results boosting project prospects ahead of targeted mid-2026 construction.

Manuka Resources has successfully passed technical due diligence for a US$22.5 million loan from Nebari, paving the way for a silver and gold production restart at its Wonawinta and Mt Boppy projects.

Jindalee Lithium has secured US government approval for its McDermitt Lithium Project’s exploration plan, reported strong drilling results, and extended exclusivity on a US SPAC listing valued at US$500 million.