Latest Project Sales News

Kingston Resources has fulfilled all regulatory conditions to complete the $95 million sale of its Misima Gold Project to Ok Tedi Mining, unlocking an immediate $50 million payment.

NT Minerals Limited has had its trading suspension lifted following news of a potential sale of its Redbank Copper Project in the Northern Territory, signaling a pivotal moment for the company.

NT Minerals has agreed to sell its Redbank and Wollogorang copper projects to Golden Horse Minerals for $3 million in combined cash and equity, shifting its strategic focus to other critical mineral assets.

New Age Exploration has finalized the sale of its Lochinvar Metallurgical Coal Project, entering a royalty agreement that could yield up to A$15 million, while sharpening its focus on gold and lithium assets in Australia and New Zealand.

Strickland Metals has agreed to sell its Yandal Gold Project to Gateway Mining for A$45 million in equity, enabling a strategic pivot to its substantial Rogozna Project in Serbia. Shareholders will receive most of the Gateway shares through an in-specie distribution, maintaining exposure to Yandal’s future potential.

Vintage Energy has agreed to sell its entire 25% interest in the PEP 171 permit in Victoria’s Otway Basin to Beach Energy for $1.25 million, marking a strategic pivot towards its Southern Flank gas fields project.

Mineral Commodities Ltd reveals delays in receiving the final payment for its Skaland Graphite Project sale, with interest rates on outstanding amounts now sharply increased.

Strategic Energy Resources has sold its South Cobar Project to Australian Gold & Copper for $400,000 cash plus a capped production royalty, maintaining exposure while funding new exploration.

Focus Minerals has completed the sale of its Laverton Gold Project to Genesis Minerals for A$250 million in cash, marking a significant shift in its asset portfolio. The company now turns its attention to optimising operations at its Coolgardie Gold Project.

CZR Resources has won overwhelming shareholder approval to sell its Robe Mesa Iron Ore Project to a Rio Tinto-Mitsui joint venture for approximately A$75 million, setting the stage for a significant portfolio reshuffle.

Korab Resources has extended the completion date for the sale of its Geolsec mineral lease, securing higher royalty rates in the process. This move reshapes the financial terms of a key transaction tied to its Northern Territory phosphate project.

Minerals 260 has agreed to sell its Aston Lithium-REE Project to Delta Lithium for $450,000 cash plus a 1.5% royalty, redirecting its efforts toward advancing the 2.3 million ounce Bullabulling Gold Project in Western Australia.