Latest Mining Acquisition News

Coolabah Metals has closed its $20 million public offer early due to strong investor demand, setting the stage for its acquisition of Broken Hill Mines and a forthcoming ASX relisting under a new name.

EV Resources Limited has agreed to sell its Coyote Creek Antimony Project in Utah to Trigg Minerals, securing upfront cash and shares while maintaining exposure to antimony through equity stakes.

Kaiser Reef Ltd has completed its acquisition of the Henty Gold Mine, instantly boosting its annual gold production to over 30,000 ounces and setting a clear path to 50,000 ounces. The deal also brings significant infrastructure, a skilled workforce, and strategic partnerships that could reshape the company’s growth trajectory.

SSH Group has signed a binding agreement to acquire Total Contract Mining, enhancing its mining services capabilities and appointing key industry leaders to drive growth.

Northern Star Resources has completed its acquisition of De Grey Mining, issuing new shares and preparing to delist De Grey from the ASX, marking a strategic expansion into Western Australia's Hemi gold project.

South Harz Potash Limited has progressed its Ohmgebirge project with key steps including advancing the Sollstedt mine acquisition, securing A$500,000 in new equity, and pursuing strategic funding avenues such as German R&D rebates and European Union grants.

Northern Star Resources reported solid March quarter results with strong cash flow and progress on its KCGM Mill Expansion, despite operational setbacks delaying grade uplift and prompting a downward revision of FY25 production guidance.

Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.

Burgundy Diamond Mines showcased its vertically integrated diamond business and Ekati mine acquisition at the Bell Potter Unearthed Natural Resources Conference, outlining a robust 2025 operational and financial outlook despite market headwinds.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

Trigg Minerals has expanded its New South Wales antimony holdings by acquiring the historic Bukkulla Mine and extending its footprint into the Nundle Goldfield, confirming high-grade antimony potential and setting the stage for systematic exploration.

South Harz Potash Limited has made significant strides in acquiring the Sollstedt mine and secured approximately A$2.2 million in new equity, positioning itself to advance the Ohmgebirge project amid a strengthening potash market.