Latest Project Acquisition News

Buxton Resources has sold its 49% interest in the Copper Wolf Project joint venture to IGO for nearly AUD 6 million while keeping full ownership of surrounding prime exploration tenements in Arizona.

IRIS Metals posted a $22.3 million loss for FY26, driven by major impairments on exploration assets and elevated share-based payments. The company pivots away from Edison and Tin Mountain projects, focusing on lithium-rubidium in South Dakota and tungsten in Montana.

Terra Metals appoints Debra Bakker as Chair alongside Jeff Quartermaine and Jennifer Purdie to steer the company’s shift from exploration to development at its promising Dante Project in Western Australia.

Comet Ridge has locked in $40 million through a two-tranche placement and plans a $5 million share purchase plan to fund full ownership and development of its Mahalo Gas Project.

Arrow Minerals has sealed its acquisition of an 80% interest in the Yarraloola Copper Project in Western Australia’s Pilbara, following a capital raising that underpinned the deal. The company’s next steps hinge on resource milestones that could trigger further share payments.

Orpheus Uranium (ASX: ORP) is set to kick off its inaugural drilling program at the Erudina Uranium Prospect within the Frome Project, targeting a 10 km-long palaeochannel system with the aim of refining geological models and advancing towards a potential mineral resource.

Greenvale Energy has secured the Thunderball Uranium Project and expanded its Northern Territory portfolio to a 2,466km² district-scale landholding, featuring multiple high-grade targets and a historic resource slated for upgrade.

Platina Resources has completed its acquisition of the Mt Morgans South Project from Genesis Minerals, adding 18 tenements in a prolific gold district and setting the stage for a focused exploration campaign.

Rokeby Resources appoints Richard Beazley as Managing Director and Tim Pallas as Chairman, signalling a strategic leadership overhaul to support the acquisition and development of the high-grade Omeo Gold Project in Victoria.

Symal Group is set to significantly boost its defence and resources contracting presence through the $51 million acquisition of Shamrock Civil, a Queensland-based contractor with a $315 million pipeline dominated by defence projects.

Odessa Minerals has revealed promising rare earth and lithium assay results from its Lockier Range Project in WA, highlighting potential carbonatite-hosted REE mineralisation at Mt Yaragner and fertile lithium pegmatites at the Southern Pegmatite Field.

The ASX has suspended trading of Canadian Phosphate Limited’s CP8O securities pending compliance with specific listing rules, a move that isolates this security class without affecting the company’s other quoted shares.