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Aeris Resources plans full takeover of Peel Mining
Yahoo Finance· 2026-02-13 15:42
Aeris Resources has announced a binding scheme of arrangement to acquire full ownership of Peel Mining’s issued capital. This move is aimed at extending the life of Aeris' Tritton Operations. Peel Mining’s Board of Directors has unanimously recommended the transaction. The acquisition involves merging Aeris’ Tritton Operations with Peel’s Mallee Bull and Wirlong copper projects, creating a diversified copper mining hub projected to extend Tritton’s mine life by more than a decade. This initiative is e ...