Latest Divestments News

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BKI Investment Company Limited reported a modest rise in ordinary revenue and declared a 1% higher interim dividend despite a challenging economic backdrop and softer special investment income.
Claire Turing
Claire Turing
21 Jan 2025
Spartan Resources has completed the sale of its Glenburgh and Egerton gold projects to Benz Mining for $1 million in cash, a 15% equity stake, and potential contingent payments. This strategic move allows Spartan to sharpen its focus on its high-grade Dalgaranga Gold Project while maintaining influence through board representation at Benz.
Maxwell Dee
Maxwell Dee
14 Jan 2025
Orbminco Limited has agreed to divest an 80% stake in its Mt Venn Project to Sarama Resources, receiving equity and cash as it refocuses on its Mongolian assets.
Maxwell Dee
Maxwell Dee
13 Jan 2025
Unith Ltd has strengthened its financial position through a partial divestment in AudioStack while renewing a key public health contract and achieving its highest B2C subscription revenue in two years.
Sophie Babbage
Sophie Babbage
13 Jan 2025
AuKing Mining has granted Resource Mining Corporation an option to acquire its Saudi Arabia joint venture interests, marking a strategic pivot towards its Cloncurry Project.
Maxwell Dee
Maxwell Dee
13 Jan 2025
Greenvale Energy has secured a $1.176 million R&D rebate, enabling the launch of Test Program 6 on its Alpha Project to optimize processing conditions ahead of bulk sample production.
Maxwell Dee
Maxwell Dee
13 Jan 2025