Latest Resource Acquisitions News

Sultan Resources announces the acquisition of three promising mineral projects spanning gold and critical minerals in Namibia and Western Australia, bolstering its portfolio in tier-1 jurisdictions. The deal includes a substantial inferred rubidium-lithium resource and promising nickel-copper-PGE targets.

Peak Rare Earths shareholders have overwhelmingly approved Shenghe Resources’ acquisition scheme, setting the stage for imminent court approval and a cash payout.

Orbminco’s maiden drilling at Majestic North confirms robust shallow gold mineralisation, underpinning its planned acquisition of the project. High-grade intercepts highlight promising exploration upside.

EV Resources has acquired full ownership of the historic Dollar Antimony Project in Nevada, positioning itself to supply critical antimony for US defense and energy sectors. The project boasts high-grade mineralization and strategic proximity to emerging antimony hubs.

The Australian Taxation Office has issued a binding ruling detailing the capital gains tax treatment for Spartan Resources shareholders following Ramelius Resources' acquisition via a Scheme of Arrangement. Eligible shareholders can elect partial scrip-for-scrip rollover relief, deferring tax on the share component of their proceeds.

Austral Resources Australia Ltd has launched a $40 million placement at 5 cents per share to fund the acquisition and recommissioning of the Rocklands copper project in Queensland. The offer includes share and option issues tied to debt conversions and is conditional on shareholder approval and ASX reinstatement.

Lynas Rare Earths has successfully completed a A$750 million institutional placement, strengthening its balance sheet to fund ambitious growth plans under its Towards 2030 strategy.

Moonlight Resources, partly owned by Lithium Plus Minerals, plans to acquire the Clermont Gold Project and pursue an ASX listing, aiming to become a focused gold and critical minerals explorer.

Pilbara Minerals has released an updated Mineral Resource Estimate for its Colina Lithium Project in Brazil, consolidating its 100% ownership following the Latin Resources acquisition. The estimate confirms a substantial lithium oxide resource supporting open pit mining prospects.

Ramelius Resources delivered a landmark FY25 with soaring profits, record gold output, and a transformative acquisition of Spartan Resources, setting the stage for a new growth phase.

Mantle Minerals has completed the $13.5 million sale of its Mt Roe subsidiary to Northern Star Resources, redirecting funds to advance exploration at Yule River and Pardoo projects.

Forrestania Resources has expanded its exploration footprint near Coolgardie by acquiring three new mineral license applications, enhancing its position around the Ada Ann gold project. The company is advancing its maiden Mineral Resource Estimate amid promising geological prospects.