Acquiring Company
Sandfire Resources Limited
Acquired Company
Galileo Resources Plc
Australia
Greater LondonMiningMineralMining TechnologyMiningPrecious MetalsMineralDescription
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.
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Based on deal dataFrequently 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.
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