Latest Resources Acquisition News

MinRex Resources has obtained a crucial ASX waiver allowing it to issue shares to Electrum Discovery shareholders without needing further shareholder approval, smoothing the path for its planned acquisition.

Global Uranium and Enrichment Limited shareholders have decisively approved Snow Lake Resources’ acquisition schemes, setting the stage for Federal Court approval and a significant market transition.

Resolution Minerals is fast-tracking development of its historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring critical processing infrastructure to capitalise on soaring tungsten demand.

Forrestania Resources has agreed to acquire Catalina Resources’ Laverton Project, swapping its Breakaway Dam copper asset and gaining a significant equity stake in Catalina. This move strategically broadens Forrestania’s presence in the Eastern Goldfields gold belt.

Clara Resources has inked a binding deal to acquire the Hodgkinson Basin Gold Project in Far North Queensland, setting the stage for an aggressive exploration campaign in 2026. The acquisition, involving over 533 million shares and cash payments, aims to unlock significant gold potential in a historically rich but underexplored region.

Hazer Group has partnered with M Resources to integrate its methane pyrolysis technology into a bid to transform the Whyalla steelworks into a low-carbon steelmaking hub. This collaboration aims to produce clean hydrogen and graphite, aligning with government decarbonisation goals.

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.

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.