Magnetite Mines Limited has reached an agreement with Coffee House Group to acquire a 100% stake in Lodestone Equities. 

Magnetite Mines is a mineral exploration company, while Lodestone Equities is an investment firm that owns the Olary high-grade magnetite project.

Both companies involved in the deal are based in Australia.

Smartchem Technologies Limited (STL) has reached an agreement to acquire 76% stake in Performance Chemiserve Private Limited (PCPL). 

"PCPL will become a subsidiary of STL and a step-down subsidiary of DFPCL following the transaction."

A wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL), STL is involved in the manufacturing of sheet metal fabrication. The target company is a chemical products manufacturer.

PCPL will become a subsidiary of STL and a step-down subsidiary of DFPCL following the transaction.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Anitua Radial Drilling Services has acquired Central Drillers, a company involved in water bore, geotechnical and environmental drilling.

Both parties in the transaction are located in Papua New Guinea.

Mining Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Mining Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now