Latest Portfolio Rationalisation News

Anagenics Ltd has reported a significant earnings turnaround in 3Q25 following a strategic business restructure, alongside securing a multi-year royalty agreement worth $4.4 million with York Street Brands.

Dart Mining has reported a significant 27% increase in inferred gold ounces at its Triumph Gold Project, alongside operational gains and a $3 million capital raise to fuel further exploration in Central Queensland.

Chariot Corporation has bolstered its exploration portfolio with seven new lithium and gold tenement applications in Western Australia’s Southern Cross Greenstone Belt, alongside securing $600,000 through a convertible note facility and extending payment terms on its flagship Black Mountain project.

Kaili Resources reported encouraging assay results from its South Australian rare earth projects, setting the stage for expanded drilling programs, while exiting its Western Australian Holey Dam project due to insufficient mineralisation.

Xstate Resources has acquired a 51% stake in the Diona project, setting the stage for its ASX re-quotation and a planned drilling campaign in the third quarter of 2025. The company is also undertaking a capital raise of at least $1.5 million to support these initiatives.

Ausmon Resources advances its rare earth and base metals exploration with new drilling approvals in South Australia and promising zinc assay results near Broken Hill, underpinning its strategic focus on high-value mineral targets.

ENRG Elements Limited has completed a strategic overhaul with new management, significant cost reductions, and a renewed focus on its Agadez Uranium Project, while exiting several lithium assets.

Tungsten Mining NL has made significant strides in developing its Mt Mulgine and Hatches Creek projects, with a maiden Mineral Resource Estimate for Hatches Creek expected soon and key environmental approvals progressing.

Kuniko Limited has streamlined its Norwegian battery metals portfolio, pursued non-dilutive green funding, and forged AI satellite data partnerships, setting the stage for growth in Europe’s critical minerals sector.

Zeus Resources reports strong progress on its Casablanca Antimony Project acquisition in Morocco, highlighted by exceptional assay results and expanded mineralisation. Concurrently, the company secures a new South Australian tenement for critical minerals and divests its Mortimer Hills Project with royalty upside.

BOA Resources is progressing its 2025 drilling plans across key lithium and nickel tenements in Western Australia, while managing delays in heritage surveys and optimizing its tenement portfolio to focus on high-potential assets.

Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.