Latest Project Acquisitions News

Sandfire Resources faced a tragic fatality at its Magdalena mine and production challenges in Q3 FY26, yet sustained financial strength and advanced its Kalkaroo project, keeping full-year copper equivalent guidance intact.

Australian Silica Quartz Group (ASQ) is set to acquire Australian Kaolin, adding a 47Mt inferred kaolin resource at White Swan and launching a $750,000 placement to fund development. The deal hinges on shareholder approval and an Independent Expert’s fairness opinion.

Cooper Metals has acquired the Pyramid Gold Project in North Queensland through an asset swap with AIC Mines, exchanging its Oorindi Project and raising nearly $1 million to fund exploration. The deal adds a high-grade, underexplored gold asset to Cooper’s portfolio, with drilling set to ramp up across multiple projects.

Riedel Resources has secured a controlling interest in two vast gold projects in Western Australia's Laverton district, transforming it into a multi-jurisdictional gold explorer alongside its Arizona asset. The acquisition comes with a $2.5 million placement to fund aggressive exploration starting mid-2026.

Omnia Metals has appointed Graham Peterson as Senior Geologist to drive exploration and resource definition at its key US critical minerals projects, leveraging his extensive North American experience and cross-jurisdictional insights.

Auric Mining outlines a bold growth plan centered on Kalgoorlie, targeting 25,000–30,000 ounces of gold production from 2028 with a new processing facility and multiple project acquisitions.

Rapid Critical Metals Ltd has acquired an 80% interest in Green Copper Pty Ltd, gaining control of the Tooloom Silver Project in northern New South Wales. The acquisition adds a large, historically productive silver district with multiple high-grade targets, complementing Rapid's existing NSW assets.

Mammoth Minerals Limited has reported the identification of several high-grade gold and critical mineral targets at its Excelsior Project in Nevada following a comprehensive 2025 rock chip sampling and mapping program. The company is advancing multiple prospects towards drill readiness with ongoing exploration activities.

Octava Minerals (ASX:OCT) has completed its acquisition of the Byro Critical Minerals Project in Western Australia, issuing over 8.5 million shares and 2 million performance rights to vendors, subject to escrow and milestone conditions.

Native Mineral Resources has locked in a $4 million unsecured loan from a related party to finance exclusive mining rights at the Podosky Gold Project, avoiding equity dilution amid a tight funding window.

MRG Metals has confirmed a straightforward and scalable processing method for its high-grade rare earth mineralisation at the Garies Project, achieving an initial 72% recovery of monazite concentrate with potential for further gains.

Hastings Technology Metals has acquired a 49% stake in a fully permitted rare earth processing plant in Thailand, aiming to commence production by late 2026. This strategic move offers a lower-cost, near-term production hub with potential to process feedstock from its Yangibana project.