Latest Divestments News

Arika Resources has reported exceptional high-grade gold intercepts at its Yundamindra project and expanded its exploration tenure near Kookynie, signalling significant growth potential in Western Australia’s goldfields.

Iondrive Limited has advanced its battery recycling ambitions by securing key partnerships in the US and Australia, commencing pilot plant construction, and gaining substantial government funding support.

Elevate Uranium has shipped its U-pgrade pilot plant to Namibia for commissioning and continues to expand uranium mineralisation at its Namib IV prospect. The company also moves to divest its Oobagooma project, sharpening its strategic focus.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis prospect, supported by strong drilling results, and secured $13.5 million in fresh capital to fast-track exploration across key projects.

ENRG Elements Limited has completed a $1.6 million entitlement offer while advancing a strategic review of its portfolio, including relinquishing Canadian lithium licenses and focusing on uranium and copper assets.

Trek Metals has completed a major Phase 2 drilling campaign at its Christmas Creek Gold Project, revealing visible gold in diamond cores and extending high-grade gold zones. The company also advances its manganese project divestment amid a $2.05 million cash position.

Accelerate Resources has secured a major earn-in agreement for the Balagundi Gold Project near Kalgoorlie and reported promising maiden drilling results at Kanowna East, while strategically divesting its Comet Gold Project stake.

Buxton Resources reports promising assay results from its maiden drilling at the Centurion Project, alongside strategic leadership changes and a solid cash position heading into 2026.

Sunshine Metals reports significant progress in North Queensland with standout gold intersections at Sybil and a $5 million placement led by Lion Selection. Board reshuffle aligns leadership with growth strategy.

Tarrina Resources is set to acquire promising exploration assets in NSW and SA, backed by a $5 million capital raise. The move aims to reposition the company within the mining sector and secure its ASX listing.

Rimfire Pacific Mining has announced a maiden inferred scandium resource at its Currajong prospect, boosting its total scandium inventory by 61%. The company also identified new base metal drill targets at Broken Hill and completed a $3.5 million equity raise to fund ongoing exploration.

Canadian Phosphate Limited has bolstered its balance sheet through the sale of its pelleting plant and reported improved cash flow despite permitting setbacks in British Columbia. The company is strategically positioned to capitalize on growing North American demand for domestically sourced phosphate amid global supply disruptions.