Latest Resource Acquisitions 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.

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.

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.

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.

C29 Metals has secured Category 4 exploration approval for its newly granted eastern tenement in Kazakhstan, advancing its multi-mineral project and gaining strong local community support.

The Australian Taxation Office has issued a binding ruling clarifying the tax treatment for De Grey Mining shareholders following Northern Star Resources’ acquisition. The ruling confirms capital gains tax deferral options for eligible investors.

Gorilla Gold has completed the acquisition of the remaining 49% stake in the Comet Vale Project, boosting its ownership to 100% and positioning itself to expand the high-grade gold resource.

Asra Minerals has executed a binding agreement to acquire the remaining 49% interest in the Mt Cutmore prospects, consolidating full ownership of a significant gold resource within the prolific Leonora North Gold Project.

C29 Metals has identified several promising multi-commodity exploration targets in Kazakhstan through advanced airborne geophysical surveys, setting the stage for extensive fieldwork and drilling later this year.