PERTH: Noble Helium Limited announced Friday it has entered into a binding agreement to acquire Earth Source Hydrogen Limited, a move that significantly expands the company’s exploration portfolio into Western Australia’s Southern Carnarvon Basin. The all-share transaction will give Noble Helium access to two large onshore Special Prospecting Authorities, or SPAs, covering approximately 40,000 square…
MELBOURNE: First Au Limited (ASX: FAU) announced today it has entered into a binding agreement to acquire 100 percent of the Barlee Gold Project, a 300-square-kilometer exploration property located approximately 260 kilometers north of the Southern Cross Goldfield in Western Australia. The project is situated in the northern portion of the underexplored Marda-Evanston Greenstone Belt…
SYDNEY: Big River Industries Ltd (ASX:BRI) said on Monday it will acquire Western Australian distributor John’s Building Supplies for up to A$17 million, expanding its trade-focused building materials footprint in the state. The deal includes A$15 million upfront, comprising A$13 million in cash and A$2 million in Big River shares, with an additional A$2 million…
PERTH — Rio Tinto has signed a Joint Development Agreement with Australian environmental technology company Calix to advance construction of a demonstration plant for Calix’s Zero Emissions Steel Technology (Zesty™) in Western Australia, aiming to enable Pilbara iron ores to be used in lower-emissions steelmaking. The proposed plant, to be built in Kwinana south of…
SYDNEY: Seafarms Group Ltd (ASX: SFG) said on Monday it has signed a conditional asset sale agreement to acquire the assets of Project Sea Dragon Pty Ltd (in liquidation), marking a strategic step toward expanding its prawn farming operations in northern Australia. The A$750,000 deal, executed through wholly owned subsidiary Sea Dragon Shrimp Pty Ltd,…
PERTH: GEO Exploration Ltd. (AIM: GEO) has acquired a 100% interest in the Gorge Project (E08/3737), a highly prospective gold exploration licence in Western Australia, through its wholly owned subsidiary Gorge Gold Pty Ltd. The 81-square-kilometer licence, located 110 kilometers west of Paraburdoo in the Capricorn Orogen, hosts Proterozoic metasediments with historical gold mineralisation identified…
SYDNEY: Eastern Metals Limited (ASX: EMS) announced Tuesday it has entered an agreement to acquire 100% of Raptor Resources Limited, an unlisted Australian exploration company with a portfolio of copper and gold assets in Canada and Western Australia. The transformational deal, outlined in a Bid Implementation Agreement, will see Eastern Metals issue securities to Raptor shareholders….
PERTH: E79 Gold Mines Ltd. (ASX: E79) announced Thursday it has entered a binding agreement to acquire the Cue Gold Project, located in the highly prospective Day Dawn Goldfield of Western Australia’s Murchison region. The company also said it secured binding commitments for a $3 million (Australian) capital raising to accelerate exploration at the new…
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 of…
PERTH: Gateway Mining Ltd. (ASX: GML) has acquired an 80% stake in the Glenburgh South Gold Project, a 620-square-kilometer tenement in Western Australia’s Gascoyne region, adjacent to Benz Mining Corp’s high-grade Glenburgh Project. The acquisition positions Gateway alongside one of the most active gold exploration corridors in the state, with early signs of mineralisation mirroring…
PERTH: Aurumin Ltd. (ASX:AUN) has executed binding agreements to divest all non-core assets in a series of transactions totaling A$6 million, enabling the company to fast-track development of its flagship Sandstone Gold Project in Western Australia. The divestment package includes the sale of Sandstone non-gold/silver rights, the Johnson Range and Mt Dimer projects, and Aurumin’s…
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. The…