Mining: revelations about Australian company Tusker’s acquisition of two mining firms operating in Cameroon

Australian mining group Tusker Minerals, formerly DY6 Metals, acquired 100% of Aardvark Minerals Pty Ltd and EKOM Metals Pty Ltd from Gondwana Capital in June 2025. Announced on April 24 and completed on June 13 after DY6 shareholders approved the deal, the acquisition gave Tusker access to rutile exploration projects held by Rhino Resources and Gorilla Mining in Cameroon. Rhino Resources holds rights to the Douala Basin project, covering 2,580 square kilometres and comprising three granted exploration permits and three permit applications. Clifford Fitzhenry, a Gondwana Capital director who was a technical consultant to DY6 at the time, became Tusker’s managing director on July 14, 2025.