Latest Divestments News

First Au Limited has consolidated its flagship Victorian Goldfields Project with 100% ownership and is aggressively advancing its Nimba Gold Project in Liberia, supported by a $1.5 million capital raise and new drilling programs.

European Lithium Limited reported strong Q2 2025 progress with significant share sales in Critical Metals Corp raising over A$12.8 million, alongside promising exploration and development updates across Greenland, Austria, Ireland, and Australia.

Prodigy Gold has successfully raised over $7 million through a combined entitlement offer and placement, with Plutus Prospecting increasing its voting power to 19.9%. The funds will fuel exploration and development in the prolific Tanami Gold Province.

Magnis Energy Technologies progresses detailed engineering on its Nachu Graphite Project and moves to fast track US anode material production, while navigating ASX suspension and IM3NY bankruptcy fallout.

Income Asset Management has sold its term deposit broking business to Perpetual Corporate Trust, streamlining operations and securing significant cost savings while ensuring client continuity.

Garda Property Group’s FY25 results reveal a strategic pivot with significant asset sales and a sharp reduction in gearing, setting the stage for an 11% rise in distributions in FY26.

Westar Resources’ June quarter report reveals intriguing molybdenum, bismuth, and tungsten anomalies at its Mageye prospect, prompting a strategic review of exploration plans amid a solid $1.2 million cash position.

Apollo Minerals reports promising Phase 2 drilling results at its Salanie Gold Project in Gabon, revealing significant gold mineralisation and advancing exploration at its zinc and copper assets.

G50 Corp has reported a significant new discovery of gold, silver, and zinc at its Golconda Project in Arizona, alongside promising gallium mineralogy results that could enhance extraction methods.

Vintage Energy reported a modest decline in quarterly sales revenue and production but strengthened its cash position through a fully subscribed capital raising and strategic asset sale agreement. The company also initiated a promising feasibility study on a CO2 liquefaction plant at Nangwarry.

Pursuit Minerals has achieved a key milestone with its first high-purity lithium carbonate production at its pilot plant in Argentina, setting the stage for commercial development of its Rio Grande Sur project. The company is streamlining its focus on Argentina, advancing feasibility studies and strategic acquisitions amid a supportive mining environment.

Great Northern Minerals advances the sale of a majority stake in Golden Ant Mining, securing a $1 million payment upon final phase completion, while maintaining a $1.29 million cash balance and exploring new resource opportunities.