Latest Joint Venture Agreements News

Buxton Resources has secured all key approvals to start drilling at its Madman Project and agreed to sell its 49% interest in the Copper Wolf JV to IGO for about A$6.15 million, shifting its focus to Australian exploration.

Genesis Resources progresses environmental work at its Plavica project in North Macedonia while Australian field activities stall due to wet season, reporting a A$401k operating cash outflow and under two quarters of funding.

Condor Energy has advanced its offshore Peru exploration with a new Raya West prospect, lifting its unrisked prospective resources above 3.3 billion barrels, while moving to 100% ownership of TEA 86 to streamline licence conversion and partnerships.

Altitude Minerals reported encouraging aircore drill results at its Byrock Project in NSW, confirming copper-gold porphyry signatures and advancing a joint venture with Nimrod Resources. In Nevada, the company validated high-grade silver-gold targets at Firenze, readying a 2,600m RC drill program.

GCM Corporation finalises exclusive rights to its Very High Density technology, launches its first commercial heat sink products, and expands global prototyping efforts targeting high-growth sectors including EV infrastructure and data centres.

Red Metal Limited is progressing key rare earth and base metal projects across Australia, securing government grants and proposing a major Maronan Metals share distribution to shareholders.

Infinity Mining has inked a binding farm-in and joint venture deal with Mining One to fund exploration and drilling at its Victorian gold-antimony projects, unlocking a fully financed pathway to test high-priority targets.

MRG Metals’ joint venture partner Sinowin Lithium has delivered a comprehensive Environmental and Social Impact Assessment for the Corridor Central Titanium Dioxide project in Mozambique, marking a key regulatory milestone towards production in 2027.

Voltaic Strategic Resources (ASX:VSR) closed March 2026 with a robust A$9.3 million cash and securities position, progressing drill-ready gold targets at Meekatharra and refining rare earth and lithium prospects across Western Australia. The company’s strategic acquisition adjacent to its Ti Tree Lithium Project signals intent to consolidate its position in a burgeoning lithium corridor.

Fenix Resources shipped 974,000 tonnes of iron ore in March quarter at a low A$70/wmt cash cost despite cyclone disruptions and diesel supply constraints, boosting cash to A$86.3 million and advancing key projects.

Impact Minerals has reported standout assays from the first two holes in its Commonwealth JV drilling program, confirming rich gold, silver, and base metal mineralisation that extends known zones and sets the stage for an expanded Phase II campaign.

Kuniko Limited has delivered strong assay results from its maiden drilling at the Commonwealth Main Shaft in NSW, confirming high-grade gold, silver and base metals and extending mineralisation down-dip. These findings set the stage for a more ambitious Phase II drilling campaign.