Latest Portfolio Rationalisation News

Alchemy Resources secured a major milestone with Newcam Minerals exercising its option on Bryah Iron Ore assets, while divesting Karonie and Lake Rebecca projects to Forrestania Resources, alongside promising exploration results at Yellow Mountain in NSW.

Dart Mining NL reported standout high-grade gold, silver, and antimony results from its Queensland projects, alongside key acquisitions and asset sales, as it advances towards a maiden resource estimate at Coonambula.

Clara Resources has completed acquisition of the Mareeba Gold Project, initiating modern exploration and refocusing its portfolio on Queensland gold assets while securing fresh capital and leadership changes.

Chalice Mining has bolstered its leadership and financing strategy while advancing a Feasibility Study for its Gonneville palladium-nickel-copper project, amid improving market conditions and promising exploration results.

Kalgoorlie Gold Mining has confirmed gold mineralisation extending to 300 metres depth at its Pinjin Gold Project, triggering its most ambitious drilling campaign to date, including extensive RC, diamond, and aircore programs.

Trek Metals has confirmed exceptional manganese grades at its Kuro Prospect, secured expanded tenure, and completed a $15 million capital raise to fund maiden drilling starting May 2026.

Miramar Resources has completed a 19-hole RC drilling program at its Gidji JV Gold Project, revealing extensive shallow gold mineralisation including high-grade hits. The company also progressed project sales and acquisitions, supported by a $1.49 million capital raise and board reshuffle.

AuKing Mining has bolstered its project portfolio with the acquisition of a Tasmanian tin and silver licence and the Malawi-based Tundulu Rare Earths Project, supported by $5 million in recent equity placements.

Perpetual Resources continues to hit high-grade lithium and caesium targets at its Igrejinha and Renaldinho projects while strategically entering the tungsten market with a sizeable new tenure in Brazil’s Seridó Mineral Province. The company is gearing up for trenching and drilling campaigns amid a tight cash position.

Hamelin Gold is gearing up for a busy 2026 with planned drilling across three key Western Australian gold provinces, underpinned by a solid cash position and strategic asset sales.

OM Holdings faced a challenging ferroalloy market in FY2025 but maintained production resilience, secured refinancing, and rationalised its portfolio through key asset sales, while advancing sustainability initiatives.

Lion Energy has secured funding for its East Seram Bula Karang-1 exploration well, reduced capital risk by divesting its Seram (Non-Bula) PSC stake, and put green hydrogen development on hold pending commercial clarity.