Latest Joint Venture Agreements News

Astral Resources has boosted its Mandilla Gold Project Mineral Resource Estimate by 22% to 1.74 million ounces, introducing a maiden Measured Resource for the flagship Theia deposit. Including Feysville and Spargoville, the Group’s total resource now stands at 2.07 million ounces.

Beacon Minerals produced 5,419 ounces of gold in Q1 2026 amid operational shifts at Jaurdi, completed key asset sales to Forrestania, and set a June quarter production target of 5,000 to 6,000 ounces.

Asara Resources (ASX:AS1) is pushing ahead at its Kada Gold Project in Guinea’s prolific Siguiri Basin, boasting a 923,000-ounce gold resource and launching expansive 2026 drilling campaigns aimed at significantly growing both Indicated and Inferred categories.

Strategic Energy Resources has locked in a binding joint venture with Sumitomo Metal Mining Oceania to explore its Bulimba Gold Project in northeast Queensland, with Sumitomo able to earn up to 90% through staged commitments over five years.

Tivan and Sumitomo Corporation have extended their Memorandum of Understanding for the Molyhil Tungsten Project to June 2026, allowing Tivan to complete a Scoping Study and progress joint venture negotiations. Drilling has commenced to expand the resource base, with product marketing underway targeting Q3 2026 delivery.

Newcam Minerals has exercised its option to acquire a 60% interest in Alchemy Resources' Bryah Basin Iron Ore Project, paying $500,000 and taking operational control. Alchemy retains a 40% free-carried stake to a Decision to Mine, reducing its development risk while preserving upside exposure.

Tivan Limited has reported significant high-grade copper, gold, and cobalt assay results from surface sampling at its Baucau and Ossu Projects in Timor-Leste, reinforcing the projects’ exploration potential and setting the stage for expanded field activities.

Golden Mile Resources Ltd (ASX: G88) has secured a binding joint venture to earn up to 95% interest in the Leviathan Porphyry Copper-Molybdenum Project in Arizona, with initial sampling confirming significant copper and molybdenum mineralisation and exploration set to begin in April 2026.

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

Asara Resources reports strong drilling results at its Massan deposit within the Kada Gold Project, confirming continuity and extensions of high-grade gold mineralisation. The company advances its resource growth strategy with ongoing drilling and plans for a Mineral Resource Estimate update.

Buxton Resources has agreed to sell its 49% stake in the Copper Wolf joint venture to IGO for approximately A$6.15 million, while retaining full ownership of surrounding tenements and regaining strategic freedom in Arizona.

International Graphite Limited (IG6) has partnered with Italian chemical giant ALKEEMIA to establish a cutting-edge graphite processing facility in Italy, targeting production by late 2027. This joint venture aims to secure Europe's graphite supply chain amid rising demand and regulatory pressures.