Latest Mining Acquisition News

Aureka is approaching a decisive shareholder vote on its proposed acquisition of the Fiddlers Creek mine and Wedderburn mill, after raising $7.25 million and ending September with $6.993 million in cash. Exploration results at Irvine and Comstock add further upside, but the company’s transition from explorer to producer is not yet complete.

American Tungsten & Antimony has produced one antimony ingot assaying 99.8% from US-mined material, meeting the highest ASTM B237 grade and exceeding the Regulus II specification. The result comes as the company pursues US government funding and offtake arrangements, although no commitments have been secured and AT4 does not yet control the relevant assets.

Aureka’s inferred gold resources climbed to 454.8koz in FY2026 as the company moved closer to production through a proposed acquisition of the Fiddlers Creek mine and Wedderburn mill. The shift comes with a $5.75 million annual loss, $5.97 million operating cash outflow and further equity funding.

Evion Group has moved its flagship Maniry graphite project into the development stage and secured a binding German offtake terms sheet, but its FY2026 accounts carry a material going concern warning. The company also faces an unpaid A$730,000 placement shortfall as it funds graphite, fluorspar and downstream expansion plans.

Carnaby Resources has made significant strides at its Greater Duchess Copper Gold Project, delivering a robust Pre-Feasibility Study and consolidating ownership, before agreeing to a $213 million acquisition by Evolution Mining offering shareholders a 60% premium.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Aeris Resources delivered a standout FY26 with revenues up 22% and profit after tax surging 295%, buoyed by operational gains and a strategic acquisition of Peel Mining.

Carnaby Resources has boosted its Greater Duchess project Mineral Resource Estimate by 10%, with a significant 47% jump at the Trekelano deposit, driven by new underground drilling results.

American Tungsten & Antimony Ltd (ASX: AT4) has kicked off critical wet table trials at its Del Sol Refinery in Nevada, moving closer to producing ammonium paratungstate and antimony flake from domestic sources. Engineering proposals for expanding the plant’s tungsten processing capacity are under review, while the company pursues US government funding and regulatory approvals.

Carnaby Resources has released final drill results from the Greater Duchess Project, confirming two key discoveries with significant copper-gold mineralisation. The company is advancing development plans ahead of a proposed Evolution Mining acquisition.

Larvotto Resources has kicked off processing at Hillgrove's Metz mine while securing the Blockade Copper Mine and moving to acquire Hammer Metals, broadening its critical minerals portfolio.

Aeris Resources has lifted its Group Mineral Resources by 24% and Ore Reserves by 50% to 61Mt and 21Mt respectively, driven by the Peel Mining acquisition and exploration success across its portfolio.