Latest Mining Acquisitions News

Orpheus Uranium is gearing up for its first drilling program at the Frome Project while expanding its foothold in South Australia and Western Australia, supported by a solid $6 million cash position.

Diablo Resources has acquired an 80% stake in the historic Horn Silver Project, complementing its nearby Star Range assets and advancing exploration with a maiden drill program approved.

Zeus Resources (ASX:ZEU) is set to acquire the Diaguili copper-gold project in Mauritania for US$2 million, backed by a fully funded $2 million placement. The shallow historical drilling shows promising copper grades, with mineralisation open at depth and along strike.

Forrestania Resources has secured 41.74% of Zenith Minerals shares in its ongoing takeover bid, urging shareholders to accept amid no competing offers and strategic regional moves.

Riedel Resources has completed the acquisition of majority interests in the Cosmo and Mt Venn gold projects in the Laverton Gold District, expanding its portfolio to three exploration-stage assets across two Tier 1 jurisdictions.

Aeris Resources has reported a substantial 70% jump in Mineral Resources and a fourfold increase in Ore Reserves at its Tritton Operations, driven by the Peel Mining acquisition and successful exploration at key deposits.

Yancoal's June quarter saw a 20% jump in attributable saleable coal production to 10.8 million tonnes, supported by rising realised coal prices and operational improvements. The company advances its strategic growth with the pending acquisition of an 80% stake in the Kestrel Coal Mine, while planning to close Ashton mine by early 2028.

Recharge Metals has expanded its gold exploration footprint near Leonora, Western Australia, by acquiring the Ironstone Well Project, increasing the Prospero Trend strike length by 50%. The company raised nearly $6 million to fund an aggressive 30,000m drilling campaign at Sunset Well and other exploration activities.

Rokeby Resources (ASX:RKB) has completed its acquisition of the Omeo Gold Project, gaining full ownership of a historically rich gold asset in Victoria. The company has already commenced a diamond drilling program at the high-grade Sunnyside deposit, aiming to upgrade and expand the resource.

Cooper Metals has secured full ownership of the Pyramid Gold Project in North Queensland, a high-grade, underexplored gold asset in the prolific Drummond Basin. The company plans to accelerate exploration with immediate drilling targeting multiple priority zones along a largely untested fault corridor.

Strategic Energy Resources (ASX:SER) has completed its acquisition of 100% of the Diamantina Copper-Gold Project from Anglo American, setting the stage for a maiden diamond drilling campaign targeting promising copper-gold mineralisation in northwest Queensland.

CGN Resources has bolstered its position in the Leonora gold district by acquiring the 142 km² Desdemona Project, expanding its landholding to 386 km². The company has initiated its first reverse circulation drilling program at Christmas Well targeting multiple high-priority gold prospects.