Latest Mining Acquisitions News

Industrial Minerals Ltd has finalised its takeover of Galleon Metals, adding a 205km² gold exploration portfolio in WA’s Eastern Goldfields. The company also announced key board appointments, including a new Managing Director with direct Laverton expertise.

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.

Discovery Alaska Limited (ASX: DAF) has secured a strategic foothold in Western Australia’s Murchison Goldfields through the acquisition of the Cuddingwarra Gold Project, backed by a $900,000 placement to fund exploration and expansion.

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.

Maverick Minerals Australia has completed its acquisition of a 90% interest in Lyza Mining, adding eight highly prospective tenements near its Viper Project in Western Australia’s West Arunta region. The deal includes share-based consideration and a joint venture structure with Rincon Resources.

Greenvale Energy is pushing forward with its strategic acquisition of uranium rights at Pine Creek, aiming to create a 2,500km² contiguous exploration footprint alongside Douglas River. A critical shareholder vote is set for August 24 to approve the deal.

Energy Fuels Inc. reported a transformative 2024 with a major acquisition boosting its heavy mineral sands assets, a uranium production ramp-up at key US mines, and commercial rare earth oxide output from its White Mesa Mill.

Meeka Metals has finalised its purchase of three gold deposits near Mt Holland, Western Australia, setting the stage for a resource update and extensive drilling to unlock further value.

Diablo Resources has secured an 80% stake in the historic Horn Silver Project in Utah, unlocking a portfolio of high-grade silver, gold, copper, and antimony targets. The acquisition complements its nearby Star Range assets and aligns with US critical minerals priorities.

Laramide Resources has secured strategic uranium exploration licences in Sweden’s Hotagen and Arjeplog-Arvidsjaur provinces, capitalising on the country’s recent policy reversal to permit uranium mining.

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.

Liberty Metals has locked in a four-year option to acquire a dominant 180km2 land package in Guyana’s rapidly consolidating Oko gold district, backed by a A$5 million placement to fund exploration.