Latest Mining Acquisitions News

SSH Group has bolstered its financial position with a $42.2 million capital raise, completed the acquisition of Total Contract Mining, and secured a new profit share agreement with High Tech Metals.

Riedel Resources Limited has progressed its Kingman Project in Arizona, securing $1.4 million in fresh capital to fund drilling and development activities at the high-grade Tintic deposit. The company also strengthened its board with the appointment of an experienced independent director.

Brightstar Resources secures backing from major Aurumin shareholders and option holders for its proposed acquisition, pending expert approval and absence of superior offers.

Future Battery Minerals Ltd has acquired 100% ownership of the Miriam Project, extinguishing royalties and advancing multiple high-priority gold targets with initial drilling completed. Assay results are expected in early September 2025.

Strategic Energy Resources Ltd has acquired 100% ownership of the Diamantina Copper-Gold Project from Anglo American, unlocking a significant undercover extension of the Mt Isa Eastern Fold Belt with encouraging copper and gold mineralisation. The acquisition positions SER to explore a potentially large IOCG district with multiple untested targets.

Uvre Limited has completed its acquisition of promising New Zealand gold assets and appointed seasoned mining executives to its board, setting the stage for an accelerated exploration phase.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Coolabah Metals Limited has closed its upsized $20 million public offer ahead of schedule due to strong investor demand, progressing its strategic acquisition of Broken Hill Mines Pty Ltd. The move consolidates key mining assets at Broken Hill and sets the stage for a significant corporate transformation.

PRL Global announces the retirement of its founding Managing Director Lai Ah Hong, appoints Nicholas Gan as CEO, and reshuffles its executive team to support growth and diversification.

Lightning Minerals has initiated site preparations for a Phase 1 drilling campaign at the Mt Turner Gold Project in Queensland, aiming to unlock deeper gold mineralisation beneath historic pits. The move follows a recent funding boost and is part of the company’s proposed acquisition of Lotus Minerals.

Aguia Resources has successfully closed its Share Purchase Plan, raising approximately $649,200 through the issuance of over 18 million new shares. This capital injection supports the company’s phosphate and gold projects in Brazil and Colombia.

Loyal Metals Limited has addressed unusual trading activity by announcing its acquisition of an option on the Highway Reward Copper Gold Mine, following an ASX price query and a trading halt.