Latest Joint Venture Agreements News

Amplitude Energy has delivered record production and earnings in FY25, driven by operational improvements and a strategic joint venture for the East Coast Supply Project.

Amplitude Energy Limited reported a 22% revenue increase to A$268.1 million for FY25, narrowing its net loss significantly while progressing its East Coast Supply Project with a new joint venture partner.

Great Divide Mining disputes the validity of a Deadlock Notice issued by Adelong Gold over their Challenger Gold Mine joint venture, asserting the annual plan was properly approved and no deadlock exists.

Adelong Gold has formally issued a Deadlock Notice to Great Divide Mining, citing fundamental disagreements over the approval of the Challenger Gold Mine’s first annual programme and budget. The dispute raises questions about the joint venture’s path forward amid conflicting claims on production targets and technical assumptions.

Kincora Copper Limited advances its project generator model with six asset-level partnerships unlocking over A$110 million in funding, supported by a C$4 million private placement led by prominent North American investors. The company ramps up drilling and exploration activities, particularly at its 100% owned Condobolin project.

Fortescue has approved a $3 million exploration budget for Strategic Energy Resources’ Canobie Project, setting the stage for a significant diamond drilling campaign targeting copper-gold mineralisation in northwest Queensland.

Many Peaks Minerals has reported impressive high-grade gold intercepts from recent drilling at its Ferké Gold Project in Côte d’Ivoire, extending known mineralisation both down-dip and along strike. The expanded drilling program highlights the potential for a significant underground gold discovery.

VDM Group remains suspended from ASX trading amid a legal dispute over its Angolan joint ventures, while pivoting towards new critical minerals opportunities in Australia.

FMR Resources has completed due diligence and a $2.2 million placement to earn a majority interest in Southern Hemisphere Mining’s Llahuin Copper-Gold Project, setting the stage for drilling at a promising porphyry target later this year.

Many Peaks Minerals reports encouraging initial reverse circulation drilling results from its Odienné gold project in Côte d’Ivoire, confirming extensive mineralisation along a major shear corridor. Concurrently, exploration accelerates at the Ferké project with a second diamond rig added to expand core drilling.

Cobalt Blue Holdings reveals promising engineering upgrades and exploration success at its Halls Creek Project, targeting enhanced margins and extended mine life through silver recovery, cobalt credits, and new copper discoveries.

Dynamic Metals and Mineral Resources have formalised their Widgiemooltha Lithium Joint Venture with key amendments, including a two-year earn-in extension and a streamlined tenement portfolio.