Latest Divestments News

Thor Energy has received an initial A$2.25 million payment from the sale of its Molyhil project interest, with further payments set to boost its cash reserves and fund expansion in hydrogen and copper assets.

Alligator Energy has completed its Samphire pilot plant on time and under budget, setting the stage for a critical Field Recovery Trial in early 2026. The company also divested non-core Northern Territory assets to sharpen its focus and strengthen liquidity for its South Australian uranium projects.

Rimfire Pacific Mining reveals a significant gold-antimony mineralised corridor at its Windy Ridge prospect, reigniting interest in a largely overlooked Broken Hill asset with strategic critical minerals potential.

Sunshine Metals has received a $634,302 first and final dividend from the liquidation of Pluton Resources, unlocking funds to progress exploration at its promising Sybil and Liontown gold projects.

Talga Group reports significant high-grade gallium and other critical elements from surface sampling at its Aero Project in Sweden, highlighting the site's growing strategic importance amid rising global demand for technology metals.

Great Dirt Resources has confirmed high-grade manganese mineralisation in NSW and identified 24 new exploration targets through advanced R&D techniques, supported by a $315k tax rebate and a strong cash position.

Findi Limited secures a strategic A$72 million investment from Nova Global in its Indian subsidiary, Transaction Solutions International, positioning TSI for a strong IPO later this year.

Catalina Resources has strategically reshaped its portfolio by acquiring the Breakaway Dam copper project and the Auric North gold portfolio, while divesting its Laverton assets to sharpen its focus on scalable growth opportunities.

Forrestania Resources has agreed to acquire Catalina Resources’ Laverton Project, swapping its Breakaway Dam copper asset and gaining a significant equity stake in Catalina. This move strategically broadens Forrestania’s presence in the Eastern Goldfields gold belt.

Eden Innovations has secured a $2.2 million strategic investment to fully repay its remaining iBorrow debt, eliminating costly interest payments and strengthening its balance sheet ahead of anticipated revenue growth.

Sports Entertainment Group has completed its staged divestment of the Perth Wildcats, selling its remaining 30.6% stake for $12 million and concluding a $39.5 million exit. The move marks a strategic shift as SEG eyes new capital management opportunities.

Estrella Resources appoints Robert Mencel as CEO, transitioning to Managing Director by mid-2026, to spearhead its limestone and manganese projects in Timor-Leste. The leadership reshuffle aims to accelerate development and operational ramp-up.