Latest Mineral Acquisitions News

Pantera Lithium has completed the sale of its Smackover Lithium Project to EnergyX for A$40 million, securing cash and stock that bolster its balance sheet and strategic focus on US critical minerals.

Solis Minerals has entered a binding agreement to acquire up to 75% of the Cucho Copper Project in Peru, a large-scale porphyry system with promising historical drilling results and significant untested exploration targets. The company plans a 5,000-metre drilling program in 2026 aiming for a maiden resource estimate and economic assessment.

Great Dirt Resources reports promising lithium soil anomalies in Western Australia's Pilbara region and progresses manganese exploration in New South Wales, supported by a solid cash position of $2.4 million.

Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.

Lightning Minerals has secured A$2 million to fuel exploration and a strategic acquisition of Lotus Minerals, unlocking promising gold and copper projects in Australia. The company also advances lithium exploration in Brazil, setting the stage for near-term drilling at Mt Turner.

EV Resources has secured a 70% stake in the Los Lirios Antimony Project, unveiling high-grade mineralisation and plans for a pilot plant to accelerate production. Leadership enhancements and portfolio rationalisation underscore its strategic pivot to critical minerals.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Lightning Minerals has inked a binding deal to acquire Lotus Minerals, gaining advanced gold and copper projects in Queensland and New South Wales, with drilling set to commence within eight weeks. This strategic move diversifies its portfolio and taps into buoyant commodity markets.

Power Minerals has completed a 2,272-metre drilling program at its Santa Anna niobium-REE-gallium project in Brazil, advancing its due diligence ahead of a potential acquisition. Results expected in July could pave the way for a maiden resource estimate.

IDM International shareholders have overwhelmingly approved Blackstone Minerals’ acquisition via a scheme of arrangement, setting the stage for a transformative merger in the copper-gold mining sector.

Legacy Minerals has lodged an exploration licence application over the Nico Young nickel-cobalt deposit in NSW, securing a nationally significant resource with no acquisition cost. This strategic move positions the company to capitalize on future nickel and cobalt market recoveries.

Eastern Metals has agreed to sell its 1.5% net smelter royalty on the Thomson Project to Red Hill Minerals for $220,000 cash, marking a strategic monetisation of its residual interest in the asset.