Latest Divestments News

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Australia’s Treasurer has mandated six foreign shareholders to divest nearly 18% of Northern Minerals shares by early July, citing national security under the Foreign Acquisitions and Takeovers Act. Northern Minerals supports the move as vital for aligning with Australia’s strategic interests and advancing its Browns Range rare earths project.
Maxwell Dee
Maxwell Dee
19 May 2026
Castle Minerals has locked in a 90% stake in the Nielle Gold Project, a high-grade asset in a prolific West African gold belt, while planning to divest its Ghanaian holdings and rebrand as TerraNova Metals.
Maxwell Dee
Maxwell Dee
19 May 2026
Electro Optic Systems (ASX:EOS) has closed its three-year turnaround and is now poised for growth, backed by a landmark high-energy laser contract, a major European acquisition, and a $175 million capital raise.
Victor Sage
Victor Sage
19 May 2026
Accelerate Resources (ASX: AX8) has doubled its Balagundi Gold Project landholding through a strategic deal with Maritana Minerals (ASX: MRT), acquiring key tenure and receiving $200,000 in shares while divesting non-core Kanowna East assets.
Maxwell Dee
Maxwell Dee
19 May 2026
Kincora Copper has received a US$1.5 million non-refundable option payment from Tumen Ail Coal, marking a significant step toward divesting its Mongolian subsidiaries. The staged US$10 million deal supports Kincora’s shift to focus on Australian projects and its project generator model.
Maxwell Dee
Maxwell Dee
19 May 2026
Maritana Minerals has swapped its Balagundi tenements for the Kanowna East package from Accelerate Resources, sharpening its focus on the Black Swan Processing Hub and setting the stage for FY2027 exploration.
Maxwell Dee
Maxwell Dee
19 May 2026
The Australian Treasurer has mandated the disposal of over 1.6 billion shares held by foreign entities in Northern Minerals, intensifying regulatory scrutiny of foreign ownership in this critical rare earths company.
Maxwell Dee
Maxwell Dee
18 May 2026
MAAS Group Holdings reconfirms FY26 EBITDA guidance, reports 35% completion on a $200 million AI factory electrical contract, progresses $1.7 billion construction materials sale, and expands debt facilities to support growth.
Victor Sage
Victor Sage
18 May 2026
Reach Resources has locked in a binding option with Andel Resources that fully funds mining and processing at Murchison South, with a profit-sharing model and a strategic equity investment.
Maxwell Dee
Maxwell Dee
18 May 2026
Ariana Resources has monetised part of its Zenit holding for US$19.5 million cash, retaining a 9.9% stake and boosting its war chest to advance the Dokwe Gold Project feasibility study in Zimbabwe.
Maxwell Dee
Maxwell Dee
18 May 2026
Alcidion Group has acquired Telstra Health's Kyra flow products for $3 million upfront, adding 33 long-term customers and boosting recurring revenue in key Australian states.
Ada Torres
Ada Torres
18 May 2026
Elders Limited lifted half-year revenue by 32% to $1.77 billion, with profit after tax rising 17% to $39.5 million, boosted by the Delta Agribusiness acquisition and improved seasonal conditions. The company declared an 18-cent fully franked interim dividend and advanced its new divisional model and systems modernisation.
Ada Torres
Ada Torres
18 May 2026