Latest Asset Sale News

Diatreme Resources has increased its Si2 Deposit Mineral Resource Estimate by 10.6%, expanding the Northern Silica Project’s high-purity silica sand base to 301.5 million tonnes, underpinning its Pre-Feasibility Study.

Albright Metals has secured 4 million shares in Star Minerals following the start of mining at Tumblegum South, unlocking $212,000 in liquid assets to support its Canadian gold and antimony projects.

Kiwi Property Group reported FY26 results showing 4.3% rental income growth, a stronger balance sheet with gearing down to 37.4%, and a dividend increase, while progressing key asset sales and development projects.

Sequoia Financial Group has pushed back its interim dividend payment to 3 June 2026, citing ongoing Federal Court proceedings triggered by ASIC over the contested sale of its InterPrac subsidiary.

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

Centuria Industrial REIT has executed $188 million in divestments at an average 17% premium to book value, trimming gearing by about 3%. The REIT also completed a key development in Direk, SA, and reaffirmed its FY26 earnings and distribution guidance.

FireFly Metals has completed an in-specie distribution of 60 million Bellavista shares to eligible shareholders following the sale of its Ontario gold projects. Trading in Bellavista shares begins 12 May 2026, while FireFly awaits an ATO ruling on tax implications.

Macquarie Bank Limited has posted a robust FY2026 result, with net profit attributable to ordinary equity holders soaring 74% to AUD 6.011 billion, underpinned by strong performances in its Banking and Financial Services and Commodities and Global Markets divisions.

Australian Unity Office Fund has called an extraordinary meeting to secure approval for selling its final property, delisting from the ASX, and winding up the fund, with directors unanimously recommending the proposal.

HMC Capital has unveiled a streamlined strategy focusing on high-return platforms across real estate, digital infrastructure, private credit, and energy transition, reaffirming its FY26 operating EPS guidance above 40 cents pre-tax and announcing significant capital recycling and growth initiatives.

DigiCo Infrastructure REIT has agreed to sell its Chicago data centre for US$750 million, reducing net debt by two-thirds and freeing capital to fast-track its Sydney SYD1 development.

White Cliff Minerals has visually confirmed copper sulphides over a 1.8 km strike at its Danvers copper project, doubling the known mineralised footprint and intersecting thick chalcocite-rich zones within a major geophysical anomaly.