Latest Joint Venture Disputes News

Odyssey Gold has outlined a potential 79,000-ounce first-stage development at Tuckanarra, backed by a 451,000-ounce resource and fresh high-grade drilling. The project’s path to production remains conditional, however, with the replacement toll milling agreement unresolved and only A$3.027 million in cash.

Odyssey Gold has terminated its toll milling agreement with Gylden Resources after a dispute with its Tuckanarra joint venture partner over the authority to sign the deal. A replacement agreement remains under discussion, leaving the project’s proposed processing pathway unresolved.

Energy Metals Limited (ASX: EME) reported a 12% increase in uranium resources at its Bigrlyi Project to 10,900 tonnes U3O8, driven by successful drilling and modelling. The company plans to advance technical studies and further exploration in 2026, supported by a solid cash position and strategic backing from China General Nuclear Power Group.

Melbana Energy is poised to resume 100% ownership of its Cuban Block 9 after its partner Sonangol defaulted on US$23.5 million in cash calls. Fresh seismic data and well results have refined reservoir understanding, derisking future drilling plans.

Triangle Energy has secured new offshore and onshore permits in the Philippines while initiating legal action against JV partners in Western Australia, signaling a strategic pivot and operational challenges ahead.

Great Divide Mining has resolved a key joint venture dispute to move towards 100% ownership of the Challenger Gold Mine, while progressing promising exploration results and joint ventures across its Queensland and New South Wales projects.

Adelong Gold Limited refutes claims by Great Divide Mining of a binding agreement to resolve their Challenger Mines joint venture dispute, leaving the matter unsettled and market watchers cautious.

Great Divide Mining Ltd has agreed to acquire the remaining 49% stake in Challenger Mines Pty Ltd from Adelong Gold Limited, aiming to resolve a protracted joint venture dispute and restart operations at the Challenger Gold Mine.

Great Divide Mining has poured its first gold at the Challenger Gold Mine, marking a key milestone as it moves from exploration to production. The company raised $1.335 million to support its ramp-up plans amid ongoing joint venture challenges.

Adelong Gold Limited has formally declared a deadlock in its joint venture with Great Divide Mining, prompting a dispute resolution process as both parties contest the status of their collaboration.

Great Divide Mining disputes Adelong Gold’s claim that their joint venture’s first annual programme and budget were not approved, setting the stage for a potential legal showdown.

PhosCo Ltd faces a new arbitration request from Tunisian Mining Services over joint venture disputes, while seeking to recover $7.2 million in unpaid damages dating back to 2017.