Street Talk

North American buyout firm storms bidding fray for New World Resources

Sarah Thompson, Kanika Sood and Emma Rapaport

Jun 17, 2025 – 12.14pm

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Copper’s never been hotter. Just ask in-play explorer New World Resources.

Days after Street Talk reported a buyer was on the hunt for a parcel of shares and offering 5.1¢ apiece to willing sellers – above the 5¢ bid price on the table from would-be acquirer Central Asia Metals – there’s a new bidder in town.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.