Latest Divestments News

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Westgold Resources maintained FY26 gold production guidance with 93,145oz in Q3, backed by a record A$7,080/oz gold price and a robust A$285M underlying cash build. The company approved a $145M expansion of its Higginsville processing hub to boost capacity and cut costs.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Moho Resources has expanded its Bush Chook Gold Project by acquiring the high-grade Rocky Ridge prospect and is set to launch a 5,000m drilling campaign in May targeting multiple gold-antimony zones.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Maritana Minerals has confirmed robust economics and high-grade drilling results at its Black Swan gold project near Kalgoorlie, backed by a $175 million capital raise and a $35 million asset divestment.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Belararox has ramped up drilling at its TMT Project in Argentina, unveiling a significant high-grade silver zone at Toro Central and expanding its landholding with the El Faro acquisition. Meanwhile, exploration in Botswana gears up with a major airborne electromagnetic survey, and the company contemplates divesting its Australian Belara Project to sharpen focus on core assets.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Patronus Resources has validated extensive gold targets at Pine Creek and begun diamond drilling at Fountain Head, while securing full ownership of Guppy-Benalla and divesting non-core assets to maintain a strong $75 million cash position.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Acrux pivots from generics to developing a Female Testosterone therapy for HSDD, leveraging FDA feedback and a strong US market opportunity.
Ada Torres
Ada Torres
28 Apr 2026
Axtec Limited has sold its PaySure loan book to Real Flow and secured a minority stake in the fintech, marking a strategic shift towards a platform-focused, AI-driven distribution model.
Claire Turing
Claire Turing
28 Apr 2026
First Au Limited has boosted confidence in its Gimlet Gold Project by upgrading 62% of its resource to Indicated, while streamlining its focus on Western Australian gold through the acquisition of the Barlee Project and exiting offshore assets.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Mammoth Minerals reported significant shallow gold intercepts at its Excelsior Springs project in Nevada, expanded its landholding with the Imperial Gold Project acquisition, and completed the Paterson divestment, positioning itself for further exploration growth.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Lion Rock Minerals reported strong high-grade rutile and heavy mineral results at its Minta Project in Cameroon, expanding infill drilling and commissioning an in-country lab ahead of a maiden resource estimate targeted for H2 2026.
Maxwell Dee
Maxwell Dee
28 Apr 2026
NH3 Clean Energy has marked strong progress in its WAH2 clean ammonia project by appointing Linde Engineering for FEED and securing a 15-year water supply agreement, setting the stage for a final investment decision by year-end.
Maxwell Dee
Maxwell Dee
28 Apr 2026
King River Resources Ltd (ASX: KRR) has completed its acquisition of the Mindoolah Gold Project in Western Australia’s Murchison Province, unveiling a sophisticated exploration program leveraging digital twin technology and high-resolution geophysics to target substantial unmined high-grade gold mineralisation.
Maxwell Dee
Maxwell Dee
28 Apr 2026