Latest Asset Sales News

Resources & Energy Group Limited (REZ) has secured approval to expand gold vat leach production at its East Menzies Gold Project, transitioning from trial to commercial scale. The company also announced a maiden JORC 2012 Inferred Mineral Resource at Gigante Grande, underpinning future growth.

Nexion Group has completed the sale of its networks business for $4.1 million, marking a strategic pivot towards data centre operations and its AI-driven FuseAI software platform. The company is restructuring and preparing to resume ASX trading amid evolving revenue streams.

Infinity Mining’s latest quarterly report reveals promising high-grade gold assays at its Sir Walter Scott prospect in NSW and new exploration targets in Victoria, signaling renewed momentum in its Eastern Australian portfolio.

EMU NL has sold its Badja Gold Project for over A$3.5 million, retired all debt, and is set to commence a maiden drilling program at its Yataga Copper Project in Queensland, fully funded and under new board leadership.

Whitebark Energy has completed a critical soil gas survey in South Australia’s Officer Basin and unveiled a fresh evaluation of its Warro Gas Field, aiming to unlock new energy resources while exiting Canadian operations.

Burley Minerals advances its iron ore and lithium exploration with planned drilling at Cane Bore and Broad Flat Well, while navigating heritage survey delays and legal access issues.

Charger Metals NL has reported a maiden inferred lithium resource of 8.2 million tonnes at its Lake Johnston project, backed by Rio Tinto's $1.1 million exploration funding. A new drilling program is underway, aiming to expand lithium and gold prospects in Western Australia.

Triton Minerals progresses the sale of its Mozambique graphite assets despite ongoing legal challenges, while initiating exploration at its promising Aucu Gold-Copper Project.

Cyprium Metals has completed a transformative A$80 million capital raise to fund the phased restart of copper production at its Nifty Copper Complex, positioning the company for operational progress and exploration growth.

Aurumin Limited has entered a scheme implementation deed with Brightstar Resources for a full acquisition, while raising $6 million from non-core asset sales to fund exploration at its Sandstone Gold Project.

eMetals Limited has progressed its exploration at the Busia Gold Project in Uganda, initiating a second phase of soil sampling to better define a significant gold anomaly. The company ends the quarter with a solid cash position following strategic asset sales.

Northern Minerals Limited reported a net operating cash outflow of AUD 6.61 million for Q3 2025, ending the quarter with AUD 17.48 million in cash and equivalents and a solid financing facility.