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Sandfire Resources to acquire Galileo's licenses

RECENTLY ACQUIREDSep 18, 2026

Acquiring Company

Sandfire Resources Limited

Acquired Company

Galileo Resources Plc

AustraliaGreater LondonMiningMineralMining TechnologyMiningPrecious MetalsMineral

Description

Galileo Resources Plc has announced the completion of its conditional share purchase agreement with Sandfire Resources Limited for the sale of two Kalahari Copper Belt licences for US$3 million. The deal is expected to finalize around 30 September 2026. All conditions precedent have been met, facilitating the transaction.

Company Information

Company

Sandfire Resources Limited

Location

Australia

About

Sandfire Resources Limited is a mining company focused on the exploration and development of mineral resources. It previously operated the DeGrussa Mine, a world-class asset known for its production of copper and gold. The company maintains high standards of asset management and operational excellence.

Fundz sees it the moment Sandfire Resources Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Galileo Resources Plc?

Galileo Resources Plc was acquired by Sandfire Resources Limited, based in Australia. The deal was reported on September 18, 2026. Sandfire Resources Limited is a mining company focused on the exploration and development of mineral resources. It previously operated the DeGrussa Mine, a world-class asset known for its production of copper and gold. Sandfire Resources Limited is privately held and operates in Mining.

When did Sandfire Resources Limited acquire Galileo Resources Plc?

Sandfire Resources Limited's acquisition of Galileo Resources Plc was reported on September 18, 2026. Galileo Resources Plc has announced the completion of its conditional share purchase agreement with Sandfire Resources Limited for the sale of two Kalahari Copper Belt licences for US$3 million. The deal is expected to finalize around 30 September 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Galileo Resources Plc do?

Galileo Resources Plc is a mineral exploration company engaged in the acquisition and exploration of resource projects in Africa. The company focuses on copper, gold, and other minerals in emerging markets. It is privately held, operating in Mining, and is based in Greater London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.