Latest Resources Acquisition News

Australian Oil Company Limited has secured full control over key Sacramento Basin assets by acquiring Xstate USA Corporation, enhancing its exploration potential amid favorable regulatory shifts in California.

Galilee Energy has secured an option to acquire the Zydeco Gas Project in Louisiana, marking a strategic expansion into the US market, supported by a A$6.5 million capital raise to accelerate development.

GreenTech Metals has agreed to acquire a majority interest in the Munni Munni Platinum Group Elements-Copper-Nickel project in Western Australia, consolidating a large tenure package and positioning itself for a resource upgrade and exploration program.

Global Uranium and Enrichment Limited has obtained a crucial ASX waiver allowing the cancellation of certain unlisted options without shareholder approval, smoothing the path for Snow Lake Resources’ acquisition scheme.

DevEx Resources has secured Alligator Energy’s entire uranium tenement package in the Northern Territory’s Alligator Rivers Uranium Province, significantly expanding its Nabarlek Project footprint. This strategic move consolidates key uranium-bearing fault corridors and historical resources, setting the stage for a district-scale exploration push.

Asian Battery Metals PLC has reported compelling high-grade copper and gold assay results from its due diligence drilling at the Maikhan Uul project in Mongolia, reinforcing the project's potential as a key copper-gold resource in Central Asia.

TechGen Metals has revealed historic gold workings and quartz veins at its Dalgaranga Gold Project, with assays underway and no prior drilling conducted, signaling a promising exploration opportunity near a major regional gold hub.

Skylark Minerals has acquired a high-grade gold portfolio in Côte d'Ivoire, including a flagship project with a 364,600-ounce inferred resource, marking a significant step in its West African growth strategy. The company is fully funded to accelerate exploration in early 2026, targeting resource expansion and new discoveries.

Aurumin Limited’s shares will be suspended from trading following court approval of Brightstar Resources’ acquisition scheme, marking a pivotal step in the takeover process.

The Supreme Court of Western Australia has approved Brightstar Resources’ acquisition of Aurumin Limited, setting the stage for Aurumin’s shares to be suspended and delisted from the ASX by early December.

Enegex Limited has completed its acquisition of Famien Resources and appointed Paul Roberts as Managing Director, signaling a strategic shift aimed at accelerating gold exploration efforts.

Aurumin Limited shareholders and optionholders convened on 14 November 2025 to vote on a scheme of arrangement for Brightstar Resources to acquire 100% of Aurumin, with strong proxy support signaling broad approval ahead of final court sanction.