Latest Strategic Asset Sales News

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Tempest Minerals has completed the sale of its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, while retaining key iron ore rights. The deal includes potential milestone payments tied to future gold discoveries and mining progress.
Maxwell Dee
Maxwell Dee
16 Feb 2026
Beacon Minerals has agreed to sell its MacPhersons Reward Project to Forrestania Resources for $5 million in cash and 36 million shares, sharpening its focus on core assets near Coolgardie.
Maxwell Dee
Maxwell Dee
16 Feb 2026
Resolution Minerals has taken a significant step towards expanding its footprint in the US capital markets by lodging a registration statement with the SEC and launching an ADR facility, while divesting a non-core Alaskan asset to focus on key US projects.
Maxwell Dee
Maxwell Dee
3 Feb 2026
FireFly Metals has agreed to sell its Ontario gold assets, including a 70% stake in the Pickle Crow Project, to Bellavista Resources for up to A$86.1 million in scrip. FireFly shareholders will receive Bellavista shares, maintaining exposure to the assets while FireFly focuses on its copper-gold ambitions.
Maxwell Dee
Maxwell Dee
2 Feb 2026
Duxton Farms reports mixed Q2 FY2026 results with weather challenges impacting crops but strategic asset sales and a major merger positioning the company for growth.
Ada Torres
Ada Torres
30 Jan 2026
Metgasco has secured shareholder approval to sell its 25% interests in the Odin and Vali gas fields for $5.9 million, marking a strategic exit from its core assets amid declining production and ongoing liquidity challenges.
Maxwell Dee
Maxwell Dee
30 Jan 2026
Latitude 66 Ltd has strengthened its cash position through strategic asset sales and repaying a short-term loan, positioning itself for targeted exploration in Finland and Western Australia.
Maxwell Dee
Maxwell Dee
30 Jan 2026
Basin Energy Limited reported a challenging cash flow quarter ending December 2025, offsetting operational outflows with financing inflows and strategic asset sales. The company remains confident in sustaining operations amid variable exploration costs.
Maxwell Dee
Maxwell Dee
30 Jan 2026
S2 Resources bolstered its cash reserves with a A$17 million sale of its Fosterville licence to Agnico Eagle and advanced exploration in New South Wales and Western Australia, revealing promising copper mineralisation.
Maxwell Dee
Maxwell Dee
29 Jan 2026
Diatreme Resources has completed the sale of its Clermont Copper/Gold Project, retaining a significant stake in the new ASX-listed Moonlight Resources, while progressing metallurgical improvements and environmental approvals on its critical minerals projects.
Maxwell Dee
Maxwell Dee
29 Jan 2026
Pearl Gull Iron Limited has completed the sale of its Cockatoo Island Project, receiving $2.5 million upfront and securing a 4% indirect equity stake in Crestlink Pty Ltd, alongside future royalties. The company is now focused on leveraging these proceeds to explore new opportunities.
Maxwell Dee
Maxwell Dee
28 Jan 2026
Arika Resources has reported significant extensions to gold mineralisation at its Yundamindra Gold Project in WA, alongside a successful $5.7 million capital raising and strategic asset sale.
Maxwell Dee
Maxwell Dee
28 Jan 2026