Latest Divestments News

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Altair Minerals has identified significant conductive and phase anomalies at its Olympic Domain Project, suggesting promising IOCG-style mineralisation near BHP’s Oak Dam deposit. The company plans advanced geophysical surveys to refine drill targets and accelerate exploration.
Maxwell Dee
Maxwell Dee
31 Jan 2025
LCL Resources has executed a binding agreement to divest its Colombian assets for A$10 million, while confirming a significant copper-gold porphyry discovery at its Dada project in Papua New Guinea.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Accelerate Resources has secured a 70% stake in the Kanowna East Gold Project near Kalgoorlie and raised $1.35 million to accelerate exploration, while also identifying lithium-bearing spodumene at Mt Sholl East.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Golden Cross Resources continues to push forward with joint venture discussions to finance its flagship Copper Hill project, while planning extensive geophysical surveys and addressing regulatory challenges.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Triton Minerals has secured A$17 million from the sale of a 70% stake in its Mozambique graphite assets, while progressing environmental approvals and unveiling promising high-grade gold and copper results at its new Aucu project.
Maxwell Dee
Maxwell Dee
31 Jan 2025
GWR Group Limited reports completion of phase two drilling at its Prospect Ridge Magnesium Project with assay results pending, while divesting its Hatches Creek interest to bolster focus and capital for growth.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Saferoads Holdings reported a slight revenue dip in Q2 2024 but advanced toward selling its Road Safety Rentals business, while securing approval for a new crash barrier system.
Victor Sage
Victor Sage
31 Jan 2025
GBM Resources reports robust progress in its Queensland and South Australian gold projects, highlighted by a $12 million farm-in deal at Twin Hills and positive cash flow from White Dam. Exploration strategies and corporate restructuring set the stage for a pivotal 2025.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Kaili Resources has streamlined its exploration portfolio by divesting high-cost, low-return tenements and is intensifying efforts in rare earths and precious metals exploration, targeting promising projects in South Australia and Western Australia.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Electro Optic Systems (EOS) has completed the divestment of its EM Solutions subsidiary for $158.6 million, wiping out all borrowings and positioning itself with a strong cash balance of approximately $128 million. The company is actively pursuing significant defence contracts and expanding its manufacturing footprint.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Tambourah Metals reports significant high-grade gold assay results from its Pilbara projects and secures government grants to accelerate drilling programs across multiple prospects.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Anagenics Limited reports a marked reduction in cash outflows and operating costs following a strategic restructuring, with full benefits expected in the latter half of FY2025. Despite divesting Face Medi, core cosmetics sales remain steady.
Victor Sage
Victor Sage
31 Jan 2025