Latest Asset Sale News

Vintage Energy reported a 24% drop in quarterly sales revenue to $0.9 million alongside a 20% production decline, while initiating a Production Uplift Program targeting its Southern Flank gas fields and maintaining steady 2P reserves at 12.5 MMboe.

Kelsian Group reported steady FY25 financial results with a 9.5% revenue increase and reaffirmed FY26 EBITDA guidance, while progressing the strategic divestment of its tourism assets to sharpen focus on core transport services.

Medallion Metals has executed a binding agreement to acquire the Forrestania Nickel Operation from IGO, expanded its Ravensthorpe gold-copper resource to nearly 1 million ounces gold equivalent, and secured a $50 million prepayment facility with Trafigura to advance project development.

Coronado Global Resources reported its highest saleable coal production since early 2021, driven by ramped-up operations and expansion projects, while securing a $265 million loan facility to bolster liquidity amid ongoing market challenges.

Next Science reported a 3% rise in Q3 product sales and completed a $50 million asset sale to OSARTIS GmbH, setting the stage for a significant shareholder return.

Metal Hawk Limited has reported promising high-grade gold intersections from its maiden drilling campaign at Leinster South, alongside strategic asset sales that reshape its portfolio and bolster cash reserves.

Rapid Critical Metals has advanced its strategic silver portfolio in New South Wales through a $14 million capital raise, key acquisitions, and the start of drilling at its flagship projects, positioning itself for significant growth.

ActivEX Limited reports progress on multiple Queensland mineral projects, including a major drilling campaign at Gilberton and advancing rare earth exploration, while managing its portfolio through asset sales and loan facility extensions.

Alcoa Corporation reported a net income of $232 million for Q3 2025, driven by strategic asset sales and operational milestones including the permanent closure of its Kwinana alumina refinery and the sale of its Saudi Arabia joint venture stake.

Novo Resources reported a narrowed Q3 2025 net loss amid active exploration in Western Australia and New South Wales, boosted by a significant share sale that enhanced liquidity.

Novo Resources Corp. reported a reduced net loss of CAD 9.7 million for the nine months to September 2025, supported by lower operating cash outflows and a significant post-period sale of San Cristobel Mining shares. The company maintains a cautious outlook amid ongoing funding needs.

Energy World Corporation focused on advancing its capital raising and asset sales in Q3 2025, ending the quarter with $15 million in cash but no revenue generation.