Latest Due Diligence News

Australian Oil Co has lifted production at its Emu Apple-1 well to 15–20 barrels of dry oil per day post-acid wash, while advancing infrastructure upgrades at Riverslea and preparing Major Gas Field for near-term output.

Wia Gold’s Kokoseb Gold Project in Namibia jumps to 3.78 million ounces in updated resource estimate, unveiling a maiden underground inferred resource and reinforcing its development potential.

Lindian Resources has acquired 100% ownership of the SARECO rare earths processing plant in Kazakhstan, accelerating its downstream ambitions, while also clarifying regulatory compliance and licence validity at its Kangankunde project in Malawi.

BetMakers Technology Group has inked a binding deal for Tabcorp to acquire it at a 45.5% premium, valuing the wagering tech firm at about $283 million. Shareholders can opt for cash or a mix of cash and Tabcorp shares, with completion aimed for Q3 FY27.

FleetPartners has dismissed SG Fleet’s $3.60 per share bid as undervaluing the company and is now weighing a superior $3.80 to $4.00 per share offer from Element Fleet Management, subject to exclusivity and regulatory approvals.

Sunrise Energy Metals has landed a conditional US$400 million loan commitment from the U.S. Department of War’s Office of Strategic Capital to back its Syerston Scandium Project, while also initiating plans for a U.S. securities listing.

Viridis Mining's Demonstration Plant for Mixed Rare Earth Carbonate production has outperformed Pre-Feasibility Study assumptions, achieving average magnetic rare earth oxide recoveries near 79% during steady operation in July 2026.

Tivan Limited has engaged ICA Natural Resources to lead the debt financing phase for its Speewah Fluorite Project, advancing the path to a Final Investment Decision amid secured equity backing and ongoing feasibility work.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, a historically explored porphyry deposit with promising drill results and strategic positioning amid soaring molybdenum prices.

The Takeovers Panel has declined to investigate allegations against Central Asia Metals' proposed acquisition of Cygnus Metals, citing insufficient evidence and procedural prematurity. Cygnus has committed to safeguards addressing conflict of interest concerns.

Codrus Minerals is set to acquire two promising copper and molybdenum projects in Australia and Peru, backed by a $2.5 million capital raise. The deal includes significant share issuance and performance rights tied to exploration milestones.

QEM Limited is moving forward with its acquisition of Freshwater Metals, securing past-producing tungsten and prospective fluorspar and niobium projects in Idaho, aligning with US efforts to bolster domestic critical mineral supplies.