Australian M&A and equity raisings
1,881 deals since January 2025, each with its advisers and sources · as at 8 Nov 2026 · Venture rounds
183 deals · A$78bndisclosed · Materials and mining · Clear
Columns
| Date | Target | Vendor | Acquirer | Type | Status | Value A$m | Sector | Advisers |
|---|---|---|---|---|---|---|---|---|
| Oct 2024 | Mako Gold | – | Aurum Resources | Takeover | Completed | – | Gold and silver | Allion Partners (buy-side) |
| Dec 2024 | De Grey Mining | – | Northern Star Resources | Scheme | Completed | – | Gold and silver | KPMG (sell-side)Azure Capital (sell-side)Barrenjoey (sell-side)Gilbert + Tobin (sell-side)Steinepreis Paganin (sell-side) |
| Dec 2024 | Maximus Resources | Beacon Minerals | Astral Resources | Takeover | Completed | 31.0 | Gold and silver | EMK Lawyers (sell-side)Taylor Collison (buy-side)Thomsons (buy-side) |
| Jan 2025 | Patriot Battery Metals | – | Volkswagen | Stake | Completed | 74.7 | Lithium and battery metals | Allens (sell-side)Hamilton Locke (buy-side)DLA Piper (buy-side) |
| Jan 2025 | Amcor | – | – | Merger | Announced | – | Packaging, paper and forestry | Goldman Sachs (buy-side) |
| Jan 2025 | Bullabulling Gold Project | Norton Gold Fields | Minerals 260 | Acquisition | Completed | 166.5 | Gold and silver | HFW (sell-side)Greenhill (buy-side)Allens (buy-side) |
| Jan 2025 | Red Hawk Mining | – | Fortescue | Takeover | Completed | 254.0 | Iron ore and steel | BDO (sell-side)Barrenjoey (sell-side)Peloton Legal (sell-side)SRK Consulting (sell-side)Thomsons (buy-side) |
| Jan 2025 | Aston Minerals | – | Torque Metals | Scheme | Completed | – | Gold and silver | Steinepreis Paganin (sell-side)Allion Partners (buy-side) |
| Feb 2025 | Orora Australian and New Zealand wine closures business | Orora | Interpack | Asset sale | Completed | – | Packaging, paper and forestry | Flagstaff PartnersHamilton Locke (sell-side)Maddocks (buy-side) |
| Feb 2025 | Rhodes Ridge Iron Ore Project | VOC Group | Mitsui & Co | Stake | Completed | 4,785.4 | Iron ore and steel | Macquarie Capital (buy-side)Clayton Utz (sell-side) |
| Feb 2025 | Stunalara Metals | – | Inca Minerals | Takeover | Announced | 1.8 | Gold and silver | EMK Lawyers (sell-side)Moore Australia (sell-side)Steinepreis Paganin (buy-side)Calder Roth & Co (buy-side) |
| Feb 2025 | IDM International | – | Blackstone Minerals | Scheme | Announced | – | Copper and base metals | Discovery Capital Partners (sell-side)Johnson Winter Slattery (sell-side)BDO (sell-side)Steinepreis Paganin (buy-side) |
| Feb 2025 | Matsa Resources | – | Patronus Resources | Takeover | Announced | 33.0 | Gold and silver | Thomsons (sell-side)Euroz Hartleys (buy-side)Sternship Advisers (buy-side)Blackwall Legal (buy-side) |
| Feb 2025 | Atlantic Gold Operations | St Barbara | – | Acquisition | Announced | – | Gold and silver | Macquarie Capital (sell-side)Mallesons (sell-side) |
| Feb 2025 | Hastings Technology Metals | – | – | Joint venture | Completed | – | Rare earths, mineral sands and critical minerals | Clayton Utz |
| Feb 2025 | Neo Performance Materials | Hastings Technology Metals | Wyloo | Stake | Completed | 79.8 | Rare earths, mineral sands and critical minerals | Clayton Utz (buy-side) |
| Feb 2025 | RPM Advisory Services | RPMGlobal Holdings | SLR Consulting Australia | Acquisition | Announced | 63.0 | Mining services and equipment | MA Moelis Australia (sell-side)Baker McKenzie (sell-side)Grant Thornton (sell-side)KPMG (buy-side)DLA Piper (buy-side) |
| Feb 2025 | Karora (Lakewood) | Westgold Resources | Black Cat Syndicate | Acquisition | Announced | – | Gold and silver | Steinepreis Paganin (buy-side) |
| Feb 2025 | CZR Resources | Mark Creasy (Creasy Group) | Fenix Resources | Takeover | Announced | 61.4 | Iron ore and steel | Thomsons (sell-side)Hamilton Locke (buy-side)Poynton Stavrianou (buy-side) |
| Feb 2025 | Lindsay's Project | Top Global Mining | Auric Mining | Asset sale | Announced | 4.0 | Gold and silver | SEER Financial Group (sell-side)CTC Geological (sell-side) |
| Mar 2025 | Van Uden Gold Project | Montague Resources Australia | TG Metals | Asset sale | Completed | – | Gold and silver | Futura Capital (buy-side)Steinepreis Paganin (buy-side) |
| Mar 2025 | Spartan Resources | – | Ramelius Resources | Scheme | Completed | 2,400.0 | Gold and silver | Sternship Advisers (sell-side)Herbert Smith Freehills Kramer (sell-side)Euroz Hartleys (buy-side)Allion Partners (buy-side) |
| Mar 2025 | Elizabeth Hill Silver Project | – | Errawarra | Asset sale | Completed | – | Gold and silver | Bennelong Venture Capital (buy-side) |
| Mar 2025 | The AZEK Company | – | James Hardie Industries | Acquisition | Completed | 13,972.3 | Building materials | Goldman Sachs (sell-side)Wachtell, Lipton, Rosen & Katz (sell-side)Jefferies (buy-side)BofA Securities (buy-side)Skadden, Arps, Slate, Meagher & Flom (buy-side)Arthur Cox (buy-side)Gilbert + Tobin (buy-side) |
| Mar 2025 | Henty Gold Mine | Catalyst Metals | Kaiser Reef | Asset sale | Completed | – | Gold and silver | Taylor Collison (sell-side)Thomsons (sell-side) |
| Mar 2025 | Henty Gold Mine and associated Tasmanian exploration tenements | Catalyst Metals | Kaiser Reef | Asset sale | Announced | 31.6 | Gold and silver | Argonaut (buy-side)Steinepreis Paganin (buy-side) |
| Mar 2025 | Lavra Velha Gold-Copper Project | Pan American Silver Corp. | Alvo Minerals | Asset sale | Announced | – | Gold and silver | Discovery Capital Partners (buy-side) |
| Apr 2025 | Qenos | – | ESR Real Estate (Australia) | Acquisition | Completed | – | Chemicals and fertilisers | Grant Samuel (buy-side) |
| Apr 2025 | Commerce Resources Corp. | – | Mont Royal Resources | Scheme | Announced | – | Rare earths, mineral sands and critical minerals | Wallabi Group (sell-side)Hamilton Locke (sell-side)Osler, Hoskin & Harcourt (sell-side)Yelverton Capital (buy-side)Corrs Chambers Westgarth (buy-side)Farris LLP (buy-side) |
| Apr 2025 | Mandalay Resources | – | Alkane Resources | Merger | Completed | 1,000.0 | Gold and silver | Clayton Utz (sell-side)HopgoodGanim Lawyers (buy-side)Haywood Securities (sell-side)GenCap Mining Advisory (sell-side)Goodmans (sell-side)Bell Potter (buy-side)Euroz Hartleys (buy-side)Bennett Jones (buy-side) |
| Apr 2025 | DeGrussa Processing Plant | Sandfire Resources | Boab Metals | Asset sale | Announced | 10.0 | Copper and base metals | GR Engineering Services (buy-side) |
| Apr 2025 | Molekulis | shareholders of Molekulis | Redox | Acquisition | Completed | – | Chemicals and fertilisers | HopgoodGanim Lawyers (sell-side)Lane Neave (sell-side) |
| May 2025 | Yarraloola Iron Ore Project assets | Zanthus Resources | Rio Tinto | Asset sale | Completed | – | Iron ore and steel | Allens (buy-side) |
| May 2025 | Speewah Fluorite Project | – | Sumitomo | Joint venture | Completed | – | Rare earths, mineral sands and critical minerals | Gilbert + TobinAllens (buy-side) |
| May 2025 | Winu copper-gold project | Rio Tinto | Sumitomo Metal Mining Co. | Stake | Announced | 430.4 | Copper and base metals | Allens (sell-side) |
| May 2025 | Gold Road | – | Gold Fields | Scheme | Completed | 3,700.0 | Gold and silver | Gresham (sell-side)Goldman Sachs (sell-side)Corrs Chambers Westgarth (sell-side)Deloitte (sell-side)SRK Consulting (sell-side)PwC (sell-side) |
| May 2025 | Ntsimbintle Mining (Pty) | Ntsimbintle Holdings Proprietary | Exxaro Resources | Acquisition | Completed | 930.0 | Lithium and battery metals | Clayton Utz (buy-side) |
| May 2025 | Jupiter Mines | – | Exxaro Resources | Stake | Completed | – | Lithium and battery metals | Clayton Utz (buy-side) |
| May 2025 | Peak Rare Earths | – | Ganzhou Chenguang Rare Earths New Material Co. | Scheme | Completed | 150.5 | Rare earths, mineral sands and critical minerals | Macquarie Capital (sell-side)Corrs Chambers Westgarth (sell-side)RSM (sell-side)ERM (sell-side) |
| May 2025 | Xanadu Mines | – | Bastion | Takeover | Completed | 160.0 | Copper and base metals | Jefferies (sell-side)HopgoodGanim Lawyers (sell-side)Bennett Jones (sell-side)BDO (sell-side)CIBC Capital Markets (buy-side)ATB Cormark Capital Markets (buy-side)Allens (buy-side)Stikeman Elliott (buy-side) |
| May 2025 | Misima Gold Project | Kingston Resources | Ok Tedi Mining | Asset sale | Announced | 95.0 | Gold and silver | Argonaut (sell-side)Ashurst Perkins Coie (sell-side)Treadstone Resource Partners (buy-side)Allens (buy-side)PwC (buy-side)AMC Consultants (buy-side) |
| May 2025 | New World Resources | – | Central Asia Metals | Scheme | Withdrawn | 185.0 | Copper and base metals | Sternship Advisers (sell-side)National Bank Financial (sell-side)Hamilton Locke (sell-side)Dorsey & Whitney (sell-side)Clayton Utz (buy-side) |
| May 2025 | Focus Minerals (Laverton) | Focus Minerals | Genesis Minerals | Acquisition | Announced | 250.0 | Gold and silver | Azure Capital (sell-side)HFW (sell-side) |
| May 2025 | Laverton Gold Project | Focus Minerals | Genesis Minerals | Acquisition | Completed | 250.0 | Gold and silver | HFW (sell-side)Canaccord Genuity (buy-side)Sternship Advisers (buy-side)Gilbert + Tobin (buy-side) |
| May 2025 | MAC Copper | – | Harmony Gold Mining Company | Scheme | Completed | 1,580.0 | Copper and base metals | Barrenjoey (sell-side)Gilbert + Tobin (sell-side)Skadden, Arps, Slate, Meagher & Flom (sell-side)Ogier (sell-side)Webber Wentzel (sell-side)Macquarie Capital (buy-side)Ashurst Perkins Coie (buy-side) |
| Jun 2025 | Atlantic Tin | – | Inner Mongolia Xingye Silver & Tin Mining Co | Takeover | Announced | – | Copper and base metals | Johnson Winter Slattery (buy-side)Grant Thornton (buy-side)Mokhtari Avocats (buy-side) |
| Jun 2025 | Limestone Estate | New Forests | OneFortyOne | Asset sale | Completed | – | Packaging, paper and forestry | Clayton Utz (sell-side) |
| Jun 2025 | Greentech Technology International | – | Metals X | Takeover | Announced | – | Copper and base metals | Yu Ming Investment Management (buy-side) |
| Jun 2025 | Horse Heaven Antimony-Gold-Silver-Tungsten Project | – | Resolution Minerals | Asset sale | Announced | – | Rare earths, mineral sands and critical minerals | Oakley Capital Partners (buy-side) |
| Jun 2025 | Adriatic Metals | – | Dundee Precious Metals | Scheme | Completed | 1,997.6 | Gold and silver | RBC Capital Markets (sell-side)Macquarie Capital (sell-side)Stifel (sell-side)Herbert Smith Freehills Kramer (sell-side)Stikeman Elliott (sell-side)BMO Capital Markets (buy-side)Tavistock (buy-side)BCLP (buy-side)Cassels (buy-side)Gilbert + Tobin (buy-side) |
Deals come from ASX announcements, scheme booklets, prospectuses, the advisers' own deal announcements and the press. How the data is built