Basin Energy (ASX:BSN) has completed the purchase of a portfolio of projects prospective for uranium and green energy metals in Scandinavia. On 31 October 2024, the company signed a binding agreement to buy the Virka, Björkberget, Rävaberget, Prästrun, and Håkantorp projects in Sweden, as well as the Puokio, Löttö, Temo, Eronlampi, and Palmottu projects in […]
Asra Minerals (ASX:ASR) has completed the Tarmoola Pastoral Lease sale to Vault Minerals (ASX:VAU) for $3 million, after receiving the remaining $2.75 million cash. The Tarmoola Pastoral Lease sits in the Western Australian Goldfields region. Asra Minerals says the transaction strengthens its financial position with proceeds to be directed towards supporting exploration and drilling campaigns […]
Astral Resources (ASX:AAR) has acquired a 19.99% shareholding in Maximus Resources (ASX:MXR) with both companies in talks regarding a corporate transaction. Astral has submitted a non-binding indicative proposal to Maximus to acquire all outstanding issued shares of Maximus for $0.07 per share by way of an all-scrip, off-market takeover. Astral has appointed Taylor Collison as […]
Latitude 66 (ASX:LAT) has completed the sale of the Sylvania Project to Australian gold producer Capricorn Metals (ASX:CMM). The Sylvania Project, which covers 1,740km2, is located in the Pilbara region of Western Australia and is immediately to the west of Capricorn’s Karlawinda Gold Mine. Under the binding sale agreement, announced on 9 December 2024, Latitude […]
Astute Metals (ASX:ASE) says it will focus on its copper-gold and lithium projects after selling its diamond assets in Western Australia to privately held JBJ Capital. Pursuant to the agreement, Astute has sold its East Kimberley Diamond tenement E80/4210 and the Heavy Mineral Separation plant to JBJ for $125,000 in cash, and formally disposed of […]
With the potential for declining interest rates and more geopolitical stability, SRK Consulting believes growth is on the horizon for …