Latest Divestments News

Asara Resources has appointed CEO Matthew Sharples as Managing Director, underscoring his leadership as the company pushes ahead with exploration at its flagship Kada gold project in Guinea.

Alchemy Resources secured a major milestone with Newcam Minerals exercising its option on Bryah Iron Ore assets, while divesting Karonie and Lake Rebecca projects to Forrestania Resources, alongside promising exploration results at Yellow Mountain in NSW.

Frontier Energy has appointed Jamie Cullen as Executive Chair and is closing in on binding senior debt terms to fund its Waroona Renewable Energy Project, while finalising contracts with tier one suppliers and divesting a non-core asset.

Dart Mining NL reported standout high-grade gold, silver, and antimony results from its Queensland projects, alongside key acquisitions and asset sales, as it advances towards a maiden resource estimate at Coonambula.

Clara Resources has completed acquisition of the Mareeba Gold Project, initiating modern exploration and refocusing its portfolio on Queensland gold assets while securing fresh capital and leadership changes.

Marquee Resources has significantly increased its Mt Clement inferred antimony resource and is advancing drilling and strategic partnerships to develop its flagship project.

Saturn Metals has pressed forward with its Apollo Hill Gold Project, appointing Ausenco for the Definitive Feasibility Study and uncovering significant high-grade gold in the emerging Titan Zone, underpinning resource growth potential.

Asara Resources has reported robust drilling results at its flagship Kada Gold Project in Guinea, confirming extensions to mineralisation and expanding the resource footprint. The company is also progressing regional exploration and advancing a key acquisition, maintaining a solid cash position to fund ongoing work.

Regis Healthcare expects FY26 underlying EBITDA of approximately $135 million, buoyed by near-record occupancy and a disciplined capital strategy amid evolving government reforms.

Rimfire Pacific Mining has boosted its Murga Scandium Deposit resource by 300% to 56.1Mt at 138ppm Sc, expanding its global scandium inventory to 10.6Kt Sc. The company also secured full ownership of the Rabbit Trap Scandium Project and confirmed historic gold-antimony mineralisation at Broken Hill.

Rincon Resources has validated historic assays revealing a broad, high-grade gold-copper corridor at its Telfer South Project and completed a $3.1 million capital raise to advance exploration.

Buxton Resources has secured all key approvals to start drilling at its Madman Project and agreed to sell its 49% interest in the Copper Wolf JV to IGO for about A$6.15 million, shifting its focus to Australian exploration.