Latest Asset Divestment News

Adisyn Ltd has completed a strategic review, deciding to boost investment in its graphene-based semiconductor arm while exploring options to unlock value from its managed IT services business.

Marvel Gold Limited has agreed to sell its Yanfolila Gold Project in Mali to Askiya Mineral Resources for up to US$1.94 million, marking a strategic shift to focus on its Tanzanian assets.

Hastings Technology Metals has secured shareholder approval to distribute Metal Bank shares as it divests its gold assets, marking a strategic pivot towards rare earths.

White Energy Company Limited has launched a 5-for-12 partially underwritten entitlement offer at $0.027 per share, aiming to raise approximately $3.5 million to fund mineral exploration and corporate needs. Major shareholders and directors have committed to participate, while the offer excludes ineligible shareholders and related parties.

Aeris Resources reported solid FY25 results within guidance and secured $80 million in new equity to fund exploration and development projects, positioning itself for significant growth in FY26.

Energy World Corporation Ltd has outlined a strategic reset including a $442 million debt-to-equity conversion and is progressing towards commissioning its flagship Pagbilao LNG and power project in the Philippines, alongside advancing its Sengkang LNG facility in Indonesia.

Aeris Resources has completed an $80 million equity placement and launched a share purchase plan, strengthening its balance sheet and setting ambitious production targets for FY26. The company is also divesting non-core assets to focus on growth and exploration.

Vicinity Centres delivered a robust FY25 with statutory net profit surpassing $1 billion, driven by strategic premium asset acquisitions and successful retail developments. The company reaffirms its positive earnings guidance for FY26 amid sustained retail sales growth and high occupancy.

Vicinity Centres reported a record statutory net profit exceeding $1 billion for FY25, driven by strategic asset acquisitions and strong retail sales growth. The company reaffirmed its FY26 earnings guidance amid positive retail sector momentum and ongoing portfolio enhancements.

Whitebark Energy has completed a critical soil gas survey in South Australia’s Officer Basin and unveiled a fresh evaluation of its Warro Gas Field, aiming to unlock new energy resources while exiting Canadian operations.

Triton Minerals progresses the sale of its Mozambique graphite assets despite ongoing legal challenges, while initiating exploration at its promising Aucu Gold-Copper Project.

Aurumin Limited has entered a scheme implementation deed with Brightstar Resources for a full acquisition, while raising $6 million from non-core asset sales to fund exploration at its Sandstone Gold Project.