Latest Joint Venture Agreements News

Impact Minerals’ JV partner Kuniko has kicked off Phase 2 diamond drilling at the Commonwealth-Silica Hill Project in NSW, aiming to expand newly discovered high-grade gold-silver zones. The initial 1,300m program follows a 100% success rate in Phase 1 and sets the stage for a resource upgrade in late 2026.

Broken Hill Mines has restarted open pit mining at its Pinnacles Mine, delivering the first silver-lead-zinc ore to its Rasp Processing Plant and adding a third high-grade feed source to improve plant utilisation.

Iceni Gold has secured a farm-in and joint venture agreement with Gold Fields, unlocking up to $10 million in exploration funding at the Everleigh-Tatong prospect within its 14 Mile Well Gold Project in Western Australia.

Reach Resources has bolstered its war chest by $800,000 through the sale of non-core lithium assets to Delta Lithium, receiving half in cash and half in shares. This deal terminates their joint venture, cutting future holding costs and sharpening focus on the Murchison South gold project.

Redcastle Resources has formalised its acquisition of a 60% interest in the Kilkenny Belt Package, expanding its tenement holdings by over 6,400 hectares and setting the stage for exploration funded by ongoing mining cash flow.

Kuniko Limited, Impact Minerals’ JV partner, is set to begin Phase 2 diamond drilling in early July 2026 at the Commonwealth-Silica Hill Gold-Silver Project in NSW, targeting extensions to recently discovered high-grade mineralisation.

PolarX Limited confirms multiple exceptional copper assays at its Alaska Range JV, extending mineralisation and kicking off a major 10,000m drilling campaign funded by Northern Star Resources.

Helix Resources highlights unresolved legal and procedural issues in the Gold Basin-CANEX arrangement despite shareholder approval, underscoring ongoing court scrutiny and contested joint venture validity.

International Graphite Limited and Italian chemical producer Alkeemia have formalised a joint venture to develop a major graphite processing facility in Porto Marghera, Italy, targeting 15,000 tonnes per year by 2029 with first production expected in 2027.

Northern Star Resources has pulled out of the Egina Gold Project joint venture with Novo Resources, returning all exploration data and leaving Novo to steer the project solo. Novo plans to resume drilling in the second half of 2026 while continuing other Pilbara exploration programs.

Altitude Minerals has locked in a 2,300m drilling permit and contracted a rig to test high-priority copper-gold targets at its Byrock Project in NSW, with drilling set to start mid-June 2026.

Platina Resources has struck a farm-in and joint venture deal with NE Minerals to advance the Brimstone Gold Project, shifting capital risk while retaining a 20% stake in the Western Australian asset.