Latest Divestments News

TPG Telecom has finalised the sale of its fibre network and fixed business to Vocus Group for $5.25 billion, setting the stage for a significant capital management overhaul.

Metal Bank Limited reports significant resource upgrades at its Livingstone Gold Project and new graphite assay results at Millennium, while advancing copper exploration in the Middle East.

Marquee Resources has progressed its Mt Clement antimony-gold project with Phase 1 drilling completed and assay results pending, alongside a $596,000 capital raise and a key executive appointment.

Infinity Mining Limited reported a significant cash outflow in the June quarter and is pursuing divestments of its Western Australian projects to shore up finances. The company remains confident in securing additional funding to sustain operations.

Infinity Mining advances exploration at a promising new gold prospect near the historic Cangai Copper Mine while streamlining its portfolio through a key asset sale and fresh capital raise.

Caprice Resources has reported multiple high-grade gold intercepts from its Phase 3 drilling at the Island Gold Project, alongside securing $7 million in funding and appointing a new Non-Executive Chair to accelerate exploration.

Arika Resources has launched an expanded 10,000m drilling campaign at its Yundamindra Gold Project and identified multiple new targets at Kookynie, backed by a $5 million capital raise. The company is poised for a busy second half of 2025 with assay results and further drilling on the horizon.

Bastion Minerals has resumed ASX trading under a refreshed leadership team, announcing a JORC-compliant resource at its ICE Copper-Gold Project and completing multiple capital raises to support its renewed exploration focus.

Great Boulder Resources reports a busy quarter with extensive drilling at Side Well and a robust scoping study at Ironbark, highlighting strong project economics and a recent $12.5 million capital raise.

Moho Resources has completed the sale of its Empress Springs Project, securing over $700,000 in cash inflows, while unveiling a significant new gold anomaly at its Silver Swan North Project in Western Australia.

Austin Metals reports promising gold and copper-gold drilling results at its Western Australian projects while divesting its Broken Hill assets to sharpen focus on core holdings.

Cullen Resources Limited reported significant progress across its gold exploration portfolio in Western Australia and Finland, including new project acquisitions and active joint venture drilling campaigns.