Latest Joint Venture News

Ardea Resources' Kalgoorlie Nickel Project – Goongarrie Hub has been awarded Lead Agency Status by the Western Australian Government, marking a key regulatory milestone that underscores its strategic importance in the critical minerals sector.

Macarthur Minerals has approved a joint venture where Gold Valley assigns half its interest in the Lake Giles Ularring Hematite Project to Destec, bringing fresh operational expertise to the venture while Macarthur retains full ownership of its tenements.

Evion Group’s Panthera Graphite Technologies joint venture posted a US$530,000 EBITDA in its first full year of commercial production, operating at just 20-25% capacity and setting the stage for substantial earnings growth.

Helix Resources has boosted the inferred Mineral Resource at its Gold Basin project in Arizona to 280,000 ounces of gold, underpinning its farm-in strategy and advancing development prospects.

Nyapiri Macro Mining, a majority Indigenous-owned contractor, has landed its inaugural $12.52 million work package under a BHP framework agreement, marking its emergence as a Tier-1 Pilbara mining services provider.

Elanor Investors Group appoints David McNamara as CEO, signaling a leadership shift following a balance sheet recapitalisation and strategic reset. The Board also sees key transitions with Tony Fehon moving to a non-executive role and Su Kiat Lim stepping down.

Desert Metals (ASX:DM1) has acquired 100% ownership of two key gold and lithium permits in Côte d’Ivoire, consolidating its Adzope Project to 826km² and simplifying its exploration strategy.

Ingenia Communities Group (ASX: INA) confirms it is on track to hit the top of its FY26 guidance, underpinned by a strong development pipeline exceeding 8,000 potential land lease lots and resilient holiday operations.

Altitude Minerals is gearing up for significant drilling campaigns in New South Wales and Nevada, backed by a recent $1.15 million capital raise to fund exploration and project advancement.

Tivan Limited has locked in a minimum $15 million funding package through a $10 million option underwriting agreement and a $5 million share placement with strategic investor ETFS Capital, supporting accelerated development across its Australian and Timor-Leste projects.

Ardea Resources delays the final report for its Kalgoorlie Nickel Project’s Goongarrie Hub DFS beyond June 2026 while initiating a new scandium scoping study, maintaining strong government backing and consortium funding.

Sheffield Resources saw a marked improvement in ore mining and concentrate output at its Thunderbird mine in May 2026, while ongoing debt restructuring discussions with lenders remain unresolved.