Latest Due Diligence News

Jumbo Interactive has acquired Dream Giveaway, a leading US digital prize draw business, marking its strategic entry into the lucrative American B2C prize market. The A$55.4 million deal leverages Dream Giveaway’s established brand and loyal customer base to accelerate Jumbo’s international growth.

Coronado Global Resources reported its highest saleable coal production since early 2021, driven by ramped-up operations and expansion projects, while securing a $265 million loan facility to bolster liquidity amid ongoing market challenges.

Liberty Metals Limited has strategically pivoted into the critical minerals sector with a $2.5 million capital raise, new board appointments, and acquisition of three major Brazilian projects targeting rutile, ilmenite, zircon, and rare earths.

Bellavista Resources confirms successful initial bioleaching tests at its Brumby deposit, recovering key critical minerals, while progressing due diligence on over 50 potential projects to expand its portfolio.

Haranga Resources has completed its acquisition of the Lincoln Gold Project in California and reported high-grade gold results from its Senegal project, backed by a $14 million capital raise to fast-track exploration and development.

GWR Group Limited reported steady progress on its Prospect Ridge Magnesite Project and maintains strong cash reserves, while opting out of a potential acquisition after thorough due diligence.

Alchemy Resources reported significant exploration progress in Q3 2025, including lithium drilling at Roe Hills, a strategic JV with Newcam on Bryah iron ore assets, and strong base metals assays at Yellow Mountain.

Octava Minerals has secured a conditional acquisition of the Federation copper-zinc project in Tasmania and reported promising bioleaching results at its Byro rare earths and lithium project, underpinning plans for further exploration and development.

Green Critical Minerals advances its Very High Density graphite technology with strong thermal performance validation, production scale-up, and strategic moves into global markets including a planned US listing.

Power Minerals Limited has advanced its critical minerals portfolio with the acquisition of the Gamma Heavy Rare Earths and Uranium Project in California and completed the Santa Anna Niobium-REE-Gallium Project acquisition in Brazil, supported by a combined $6.7 million capital raise.

Thunderbird Resources reports promising due diligence results on the Springfield Gold Deposit in NSW, revealing a potentially extensive gold system with strong exploration prospects. Systematic soil sampling and drilling programs are set to begin soon, pending shareholder approval.

Ragusa Minerals has agreed to acquire a controlling stake in Pegasus Tel Inc., gaining access to the Purple Pansy manganese-gold project in Arizona, a critical asset aligned with US strategic mineral priorities.