Latest Divestments News

Thor Energy wraps up 2025 with strategic shifts towards natural hydrogen and helium exploration, divesting non-core assets while strengthening its copper-gold exposure in South Australia.

MCS Services Limited reported steady operations and positive cash flow for the December 2025 quarter while progressing the sale of its Highways Traffic subsidiary to Altus Traffic, pending shareholder approval.

PVW Resources advances its Brazilian rare earth projects while pursuing a strategic gold acquisition in the US, streamlining its portfolio to enhance capital efficiency.

Mustera Property Group reports strong sales momentum with $15.05 million contracted at its Verse on McCabe development, alongside a $3 million settlement at Forbes Residences, setting the stage for construction to begin in Q2 2026.

Raiden Resources has secured an 85% stake in the Crixás Gold Tailings Project in Brazil, presenting a low-capital pathway to near-term gold production. Meanwhile, exploration advances at the Vuzel Gold Project in Bulgaria aim to boost resource ownership amid rising precious metals prices.

Manhattan Gold Corporation reports promising assay results from its Hook Lake Gold Project in Nunavut, Canada, confirming high-grade gold and polymetallic mineralisation across multiple prospects. The company plans to commence maiden drilling in April 2026 following a delayed aeromagnetic survey.

Nexion Group has completed the sale of its Networks businesses and is pivoting to focus on data centre operations and its FuseAI software platform, preparing for an ASX relisting.

Experience Co Limited reports a modest half-year revenue increase despite challenges in Q2, driven by strong Reef Unlimited and Skydive New Zealand performances offsetting softness elsewhere.

OM Holdings has fulfilled all conditions to sell its 26% stake in Ntsimbintle Mining to Exxaro Resources for approximately US$101.4 million, setting the stage for transaction completion by late February 2026.

OM Holdings has announced that the sale of its 26% interest in Ntsimbintle Mining is now unconditional, paving the way for completion by late February 2026.

ENRG Elements Limited has secured $2 million through a capital raise, renewed key uranium exploration permits in Niger, and is strategically pivoting towards gold opportunities in Central Asia, alongside a corporate rebranding to Barys Resources Limited.

Olympio Metals reports a successful maiden drilling campaign at its Bousquet Gold Project in Canada, revealing multiple significant gold intercepts and outlining a large, open gold system. The company also secured $1.25 million in fresh capital and agreed to divest its Dufay Project.