Latest Strategic Acquisitions News

DevEx Resources has fortified its leadership and expanded its uranium footprint in the Northern Territory through key tenement acquisitions, backed by a $39 million capital raise. The company also advances rare earths metallurgy and prepares for an extensive 2026 drilling campaign.

Tyranna Resources has secured a 75% stake in the Chinguar Gold Project in Angola and is progressing geological appraisals and sampling, while awaiting tenure extension approval for its Namibe Lithium and Caesium Project.

Breakthrough Minerals has entered a conditional agreement to acquire a major copper-gold project in North Queensland, backed by a successful A$8.15 million capital raise. The acquisition and fresh funding position the company for an aggressive exploration campaign in the Mt Isa region.

Evolution Mining has reported a stellar December quarter, delivering record cash flow and reaffirming its FY26 production targets with improved cost efficiency. Despite a weather disruption at Ernest Henry, the company’s operations and growth projects remain on track.

Kingfisher Mining has completed a strategic acquisition of 11 tenements in New South Wales and commenced drilling at the Copper Blow IOCG prospect, while advancing rare earth element exploration in Western Australia.

Elevate Uranium Ltd has completed a $25 million capital raising and is nearing steady state operations of its U-pgrade pilot plant in Namibia, while expanding its uranium resource portfolio through extensive drilling and a strategic acquisition from Core Lithium Ltd.

Yancoal has reported record coal production and sales for 2025, achieving near the top of its guidance range with improved realised prices despite challenging market conditions. The company’s robust cash position and disciplined cost management position it well for future growth.

Finder Energy has completed its acquisition of the Petrojarl I FPSO, issuing over 37 million shares to Amplus Energy as part of the US$15 million deal. Amplus’ Managing Director joins Finder’s board, signalling deeper collaboration.

Central Petroleum has confirmed its strategic acquisition in the Cooper and Otway Basins is now unconditional, with completion set for 23 January 2026, marking a significant expansion of its asset portfolio.

MRG Metals has completed its acquisition of the Garies Rare Earth Project, adding a high-grade, magnet-rich rare earth asset in South Africa to its portfolio. This move significantly boosts the company’s exposure to critical minerals essential for emerging technologies.

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.

Tivan Limited has completed its acquisition of the Molyhil Tungsten-Molybdenum Project in the Northern Territory and is fast-tracking development with a drilling program planned for March 2026 to explore resource expansion.