Latest Resource Acquisition News

The Supreme Court of Western Australia has approved Ramelius Resources' acquisition of Spartan Resources, setting the stage for a significant consolidation in the gold mining sector.

Bryah Resources has exercised its option to acquire the Golden Pike Project in New Brunswick, revealing significant high-grade antimony and gold mineralisation potential supported by historical data and recent drilling.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.

Bryah Resources has signed a binding option to acquire the high-grade Golden Pike gold project in Canada, while appointing Greg Hill as its new CEO to steer exploration and development efforts.

Capricorn Metals has agreed to acquire the Claw Gold Project adjacent to its Mt Gibson operation, aiming to unlock new gold resources in Western Australia’s prolific Murchison region.

Peak Rare Earths has completed the sale of its non-core Teesside site in the UK for £3.5 million, redirecting capital to its flagship Ngualla Rare Earth Project and upcoming Shenghe Resources acquisition.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

BPM Minerals has secured an exclusive option to acquire the Forelands Gold Project in Western Australia, featuring high-grade, near-surface gold mineralisation and plans to commence drilling in Q3 2025.

Ramelius Resources has delivered a record-breaking 301,664 ounces of gold in FY25, surpassing guidance and generating robust free cash flow, while advancing its strategic acquisition of Spartan Resources.

Cleanaway Waste Management has secured regulatory approval to acquire Contract Resources, positioning itself as a leader in specialised industrial waste services. The deal, set to complete by the end of July, aims to accelerate growth in the decommissioning and remediation market.

The ACCC has approved Cleanaway’s acquisition of Contract Resources, finding no significant threat to competition in Australia’s industrial and waste management sectors. The decision highlights the resilience of competition, especially in the oil and gas services market.