Latest Resource Acquisitions News

Astral Resources has updated its Mandilla Gold Project resource to 1.43 million ounces and completed the acquisition of Maximus Resources, positioning itself for a major development milestone with a Pre-Feasibility Study due in June 2025.

SSH Group Ltd reported a robust $45.1 million positive cash flow this quarter, secured preferred tenderer status for the Gold Duke Project, and signed a term sheet to acquire Total Contract Mining, signaling strategic expansion.

Maximus Resources Limited has issued a Target's Statement recommending shareholders accept Astral Resources NL's off-market takeover bid, which offers a significant premium and improved liquidity. The offer, valuing Maximus shares at approximately $0.073 each, aims to consolidate gold assets in Western Australia under Astral's larger portfolio.

Cosmo Metals has appointed Ian Prentice as Managing Director, tasking him with accelerating exploration at the promising Bingara and Nundle projects in NSW. Prentice’s extensive industry experience signals a strategic pivot towards unlocking value in underexplored assets.

Mako Gold Limited’s securities have been suspended from ASX trading following Aurum Resources’ dispatch of compulsory acquisition notices, signaling a pivotal ownership transition.

Great Northern Minerals Limited reports significant progress in the sale of its Golden Ant Mining project, with a $1.3 million Earn-In Stage payment expected soon, alongside notable board changes and strategic project reviews.

Latin Resources has secured shareholder and court approvals for its acquisition by Pilbara Minerals, marking a pivotal transition for the Salinas Lithium Project in Brazil. The deal positions Salinas as a key global lithium asset under new stewardship.

Aurum Resources has announced the suspension of trading and imminent delisting of Mako Gold from the ASX following its successful takeover. Mako shareholders are urged to accept the offer before the deadline to avoid delays in payment.

Latin Resources Limited will be suspended from ASX trading following court approval of its acquisition by Pilbara Minerals Limited, marking a significant consolidation in the Australian minerals sector.

Latin Resources Limited confirms the legal effectiveness of its acquisition by Pilbara Minerals Limited via share and option schemes, setting the stage for key trading milestones.

Latin Resources Limited has secured Supreme Court approval for its acquisition by Pilbara Minerals, setting the stage for a significant consolidation in the Australian mining sector.

Emmerson Resources has formed a strategic alliance with CuFe and Tennant Minerals to explore a multi-user processing facility at Tennant Creek, while advancing a 5,000m drilling program and securing funding to support growth through 2026.