PERTH: Renegade Exploration Ltd (ASX:RNX) said on Thursday it has secured an option over the Fireball Ridge gold-silver project in Nevada, marking its fifth acquisition in the state’s prolific Walker Lane Trend. The Fireball Ridge project, located about 80 km northeast of Reno, is an advanced-stage asset with a history of mining activity dating…
ADELAIDE: Orpheus Uranium Limited (ASX: ORP) has agreed to acquire the Oobagooma Uranium Project in Western Australia’s Canning Basin, the company announced Tuesday. The project was purchased from Jackson Cage Pty Ltd, a wholly owned subsidiary of Elevate Uranium Ltd (ASX: EL8). The Oobagooma Project covers 271 square kilometers and is located in the…
PERTH: Predictive Discovery Ltd. and Robex Resources Inc. announced Monday a definitive agreement to merge in an all-share transaction valued at approximately A$2.35 billion (C$2.17 billion), forming one of West Africa’s leading mid-tier gold producers. Under the terms of the deal, Predictive Discovery (ASX: PDI) will acquire all outstanding shares of Robex (TSX-V: RBX,…
PERTH: Global Lithium Resources Ltd. (ASX: GL1) announced Monday it has sold its entire stake in Kairos Minerals Ltd. (ASX: KAI), generating $7.1 million before costs and strengthening its cash position to $21.8 million. The divestment, executed through GLR Australia Investments Pty Ltd, included the sale of 264 million shares and marks the end…
BRISBANE: AuKing Mining Ltd. (ASX: AKN) announced Thursday it has entered into a binding agreement to acquire 100% of Orion Resources Pty Ltd, granting full ownership of the Cloncurry Gold Project in north-west Queensland. The acquisition, valued at A$33 million, will be completed in two stages. AuKing will accelerate its initial 50% acquisition for…
LONDON: Cloudbreak Discovery Plc (LSE: CDL) has finalized the sale of its U.S. assets to G2 Energy Corp., executing definitive contracts for the Masten Unit Energy Project in Texas, the company announced Friday. Under the terms of the agreement, Cloudbreak will receive £50,000 upon signing and an additional £50,000 over the next five months.…
PERTH: Solara Minerals Ltd (ASX:SLA) announced Monday it has entered into a binding agreement to acquire OD4 Tom Price Pty Ltd, a private company holding seven exploration licences covering 310 square kilometers in Western Australia’s highly prospective Murchison region. The acquisition grants Solara 100% ownership of projects near prolific gold and copper-producing districts, including…