Latest Exploration And Acquisition News

Cosmos Exploration’s optioned entity, EAU Lithium, has agreed to acquire a fully constructed pilot plant from Vulcan Energy Resources to advance lithium extraction testing in Bolivia. This move strengthens Cosmos’ strategic foothold in one of the world’s most promising lithium regions.

Golden Mile Resources has raised $510,823 through a discounted private placement to fund further exploration at its Pearl Copper Project in Arizona and pursue strategic acquisitions.

Wrkr Ltd reported a 10.8% revenue increase to $10.63 million and narrowed its net loss to $2.62 million for FY2025, while securing $15 million in fresh capital to accelerate growth amid upcoming PayDay Super reforms.

Energy One Limited reported a robust 17% revenue increase and a 309% jump in net profit for FY25, declaring its first dividend since FY23 and signaling ambitions to expand into the US market through acquisitions.

Southern Cross Electrical Engineering (SCEE) has delivered a landmark FY25 with record revenue and earnings, boosted by its strategic acquisition of Force Fire and a robust order book. The company projects continued growth with an 18-24% rise in EBITDA for FY26.

Asian Battery Metals PLC has secured an exclusive option to acquire the Maikhan Uul copper-gold project near its flagship Oval discovery in Mongolia, alongside a new exploration tenement, enhancing its critical minerals portfolio.

First Au Limited has successfully completed a two-tranche placement raising $1.56 million to fund its acquisition of the Nimba Gold Project and ongoing exploration activities.

Iress Limited reported a stable half-year profit for 2025, maintaining net earnings despite a slight revenue dip and ongoing divestments. The company strengthened its balance sheet through debt reduction and declared a healthy interim dividend, while exploring potential acquisition opportunities.

Australian Gold and Copper Ltd (AGC) has agreed to acquire the Browns Reef Project from Eastern Metals, significantly enlarging its South Cobar tenure and advancing its silver-gold exploration ambitions.

Marvel Gold Limited is progressing its acquisition of the Hanang Gold Project in Tanzania with key regulatory approvals underway, while navigating delays in Mali that impact the sale of its Tabakorole and Yanfolila gold assets.

Australian Critical Minerals has acquired six exploration projects in Peru, significantly broadening its portfolio with targets in gold, copper, silver, base metals, and lithium. The company also completed a $1 million capital raise to fund upcoming exploration activities.

Cosmo Metals has completed its acquisition of the Bingara and Nundle projects in NSW, revealing extensive historic workings and high-grade targets ahead of maiden drilling. A recent $2 million placement strengthens its exploration push.