Latest Portfolio Rationalisation News

Hancock & Gore is rebranding as Schoolblazer Limited following its acquisition of Trutex, consolidating its global school uniform operations and targeting over $200 million in revenue by FY27.

Impact Minerals Limited’s recent attempt to issue options to placement participants was rejected by shareholders at the AGM, halting a key incentive plan while the company continues to focus on its high-purity alumina projects.

Desert Metals Limited confirms a substantial high-grade gold system at its Adzope project in Côte d’Ivoire, following a successful diamond drilling campaign. The company also advances exploration at Tengrela South while streamlining its portfolio by relinquishing Western Australian tenements.

Elixinol Wellness reported steady Q3 revenue with a notable 300bps gross margin improvement, driven by e-commerce and core brands, while executing cost reduction initiatives supported by a $2.5 million capital raise.

Cobre Limited has reported a maiden Mineral Resource Estimate for its Ngami Copper Project in Botswana, alongside a significant investment agreement with Sinomine International Exploration. The company also advanced exploration activities with BHP funding and progressed key permitting milestones.

Platina Resources has accelerated its exploration ambitions in Western Australia's Laverton gold district, acquiring the Mt McKenna Project and entering a conditional agreement for Sunrise Bore, while advancing multiple drilling programs.

Westar Resources reported strategic tenement adjustments and promising assay results at its Mageye prospect during the September 2025 quarter, while maintaining a cautious cash position and continuing exploration efforts.

Metal Hawk Limited has reported promising high-grade gold intersections from its maiden drilling campaign at Leinster South, alongside strategic asset sales that reshape its portfolio and bolster cash reserves.

IGO Limited reports improved safety metrics and steady production despite operational headwinds, maintaining a strong balance sheet and positive cash flow.

ENRG Elements Limited has completed a $1.6 million entitlement offer while advancing a strategic review of its portfolio, including relinquishing Canadian lithium licenses and focusing on uranium and copper assets.

Fulcrum Lithium has reported a significant lithium mineralisation discovery at its Alkali Flats project in Nevada, with high-grade assays over thick claystone intervals and a large mineralised area. The company is advancing to appraisal with expanded claims and ongoing metallurgical work.

Bayan Mining and Minerals Limited reports significant progress in its rare earth and gold exploration projects, highlighted by high-grade assay results and strategic land acquisitions in California and Nevada.