Latest Divestments News

Resolution Minerals has expanded its strategic footprint with three new project acquisitions in NSW and Queensland, supported by a $1.55 million capital raise and promising LiDAR exploration results at Drake East.

Microba Life Sciences reported robust Q3 FY25 growth in its microbiome diagnostic tests, led by MetaXplore and MetaPanel, while advancing its therapeutics pipeline and projecting strong full-year revenue growth.

Trigg Minerals has solidified its ownership of the Wild Cattle Creek antimony deposit with NSW government approval and confirmed high-grade antimony and tungsten mineralisation beneath the site. The company also expanded its New South Wales footprint through strategic acquisitions of historic gold and antimony projects.

Althea Group Holdings reported $5.02 million in Q3 FY25 receipts, driven by strong growth at Peak Canada and the launch of Peak USA, while its pharmaceutical cannabis division faces steep revenue declines prompting strategic review.

Westgold Resources reported a record A$80 million increase in cash, bullion, and liquid investments in Q3 FY25, maintaining steady gold production and cost guidance while advancing key mine ramp-ups and strategic divestments.

Northern Minerals has made significant progress on its Browns Range Heavy Rare Earths Project, advancing its feasibility study and exploration while raising $41.5 million, positioning itself as a strategic alternative amid growing geopolitical supply risks.

Winsome Resources navigates lithium market headwinds by optimizing capital, progressing the Adina Lithium Project’s regulatory and feasibility milestones, and expanding its strategic footprint with a high-grade cesium-lithium discovery and extended Renard acquisition option.

Koba Resources has agreed to transfer its rights in the Harrier Uranium Project in Canada to Azincourt Energy, securing cash, shares, and ongoing royalties while sharpening focus on its South Australian flagship.

FireFly Metals reports robust March quarter results, highlighting significant drilling success at its Green Bay Copper-Gold Project and a well-funded position to advance large-scale mining studies.

Finder Energy reports 95% completion of its Ikan 3D seismic reprocessing project, underpinning strong production forecasts and active funding efforts for the Kuda Tasi and Jahal oil fields in Timor-Leste.

Desert Metals Limited has advanced its gold exploration in Côte d'Ivoire with extensive drilling programs at Tengrela South and Adzope, supported by a recent $3.25 million placement to fund ongoing activities.

New Frontier Minerals has identified 46 priority exploration targets rich in heavy rare earth elements at its Harts Range Project and formalized a strategic alliance to process copper ore from its Big One Deposit, marking significant progress in its multi-commodity portfolio.