It’s a New World for Subi Junior After $185m Deal

American West kicks off capital raising as copper names rip

The raise comes as two ASX-listed copper juniors – New World Resources and Zijin Mining-backed Xanadu Mines – field takeover bids.

It’s a new world for Subi junior after $185m deal

The board of Subiaco-based copper explorer New World Resources has accepted a $185 million takeover offer from London-listed Central Asia Metals.

CAML to acquire New World Resources

Central Asia Metals Plc (CAML) has entered into a definitive Scheme Implementation Deed with New World Resources Ltd. (NWR) under which CAML has agreed to acquire all of the shares in NWR for AUS$0.05 per share.

New World Resources Agrees to Scheme Implementation Deed with Central Asia Metals

New World Resources Limited (ASX: NWC) has entered a Scheme Implementation Deed with Central Asia Metals Plc (LON:CAML), proposing an acquisition of New World shares for A$0.05 each, valuing the company at approximately A$185 million. This offer represents a significant premium, with a 95.7% increase over New World’s 30-day volume-weighted average price (VWAP) and 150% over the March 2025 capital raise price. The Board of New World unanimously r…

CAML to acquire New World Resources for $118m

Central Asia Metals has entered a definitive scheme implementation deed with Australian miner New World Resources to acquire it for $118.7m.The post CAML to acquire New World Resources for $118m appeared first on Mining Technology.

Break it Down: New World Resources fields premium $185M offer to acquire Arizonan copper

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Tylah Tully unpacks the latest from New World Resources (ASX:NWC) and a premium $185 million acquisition offer from London-based Central Asia Metals (LON: CAML) to snap up NWC and its Antler copper project in the Grand Canyon State of Arizona. New World says it wasn’t the only offer on the table, so tune in to hear why the company was unan…