Latest Asset Sale News

Emu NL has agreed to sell its Badja Gold Project subsidiary for AUD 3.5 million, redirecting focus and funds to its promising Yataga Copper Project in Queensland.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Rapid Critical Metals has agreed to sell its Ingersoll project and completed the sale of Tin Mountain, both in South Dakota, to Iris Metals, receiving a mix of shares and cash payments.

US Masters Residential Property Fund reported robust first-half sales and significant debt reduction, while navigating a modest portfolio valuation dip primarily in New York.

Albion Resources reports promising extensional drilling results at its Collavilla Prospect, revealing significant gold mineralisation open at depth alongside valuable silver and base metal credits. These findings bolster the economic potential of the Yandal West Gold Project in Western Australia’s prolific Yandal Greenstone Belt.

MPower Group has finalized the sale of nearly all its assets to Wollemi Energy Group for about $19 million, setting the stage for a potential capital return or a new business acquisition.

Following the $75 million sale of its Robe Mesa Iron Ore Project, CZR Resources announces the vesting of nearly 5 million options and performance rights, opening the door to potential share conversions.

CZR Resources has completed the sale of its Robe Mesa Iron Ore Project, netting over A$70 million and wiping out its debt. The company is now poised to accelerate exploration across its remaining Western Australian assets.

Gladiator Resources is in talks with multiple parties to sell its Tanzanian uranium assets, aiming to strengthen its balance sheet and pivot towards U.S.-based rare earth projects.

Lode Resources has agreed to sell its Webbs Consol Silver Project to Rapid Critical Metals for A$3.75 million cash, 115 million shares, and a 2% royalty, consolidating high-grade silver assets in New South Wales.