Latest Divestments News

Solis Minerals has raised A$4.5 million to advance drilling at its copper-rich projects in southern Peru, confirming promising new copper-gold targets and appointing a seasoned CEO to lead exploration efforts.

Stelar Metals advances its exploration and business development efforts in Tier 1 Australian jurisdictions, spotlighting the promising Baratta Copper Project in South Australia.

Skylark Minerals has completed a significant capital restructure and raised A$10 million to fuel its dual-track growth strategy, while progressing exploration and divestment activities across multiple global projects.

Metal Bank Limited reported a net cash outflow in Q1 2025, with limited cash runway prompting strategic funding considerations including potential project sales.

Metal Bank Limited has reported a substantial 73% increase in its Livingstone Gold Resource in Western Australia, while progressing exploration and development initiatives across Australia, Jordan, and Saudi Arabia, supported by a $275k Queensland government grant for graphite.

Reward Minerals Limited has made significant strides in its potash and gypsum projects, securing a new exploration licence and progressing proprietary processing technologies, while evaluating strategic asset relocations and divestments.

Dart Mining has entered a $3.4 million option agreement with Infinity Lithium to divest its non-core Victorian exploration assets, enabling Dart to sharpen its focus on Queensland projects while Infinity expands in Victoria.

Lion Energy is making significant strides in its Port of Brisbane green hydrogen project with EPC contract negotiations underway, while gearing up for a key drilling campaign at its East Seram oil prospect in 2025.

Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.

Dexus reports a 13.9% decline in Adjusted Funds from Operations for HY25, alongside a reduced distribution payout, while maintaining a robust balance sheet and advancing sustainability initiatives.

Dexus has reported a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while maintaining strong portfolio occupancy and confirming steady distributions.

Dexus (ASX: DXS) reports a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while navigating challenges from higher interest rates and lower trading profits.