Latest Joint Venture News

Tivan Limited’s regional stream sediment sampling at Turiscai reveals highly anomalous copper and gold grades, alongside key pathfinder elements, advancing the project towards maiden drilling.

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.

Encounter Resources inks a non-binding MoU with Echion Technologies and Switch Technologies to develop a lithium-niobium battery industry leveraging its high-grade Aileron niobium resource.

Millennium & Copthorne Hotels New Zealand (MCK) posted robust 2025 revenue gains driven by acquisitions and refurbishments, yet signals a cautious outlook for 2026 as geopolitical tensions and rising costs cloud the horizon.

ASX Limited projects a significant 18-21% rise in expenses for FY27 driven by technology modernisation and regulatory response, while increasing capital expenditure guidance to up to $200 million.

Infinity Mining’s joint venture with Mining One kicks off hands-on exploration at the Walhalla project, targeting structurally controlled gold-antimony mineralisation after promising initial assays.

Impact Minerals reports strong assay results from Commonwealth South, confirming polymetallic continuity and setting the stage for a July drilling expansion by JV partner Kuniko.

Sheffield Resources is overhauling operations at its flagship Thunderbird Mineral Sands Mine, aiming to slash ore mining costs by at least $10 million annually and improve production reliability through equipment and contractor changes.

Mt Malcolm Mines (ASX:M2M) is gearing up for a major drilling campaign at its Calypso Gold Prospect, aiming to convert a substantial Exploration Target into a JORC-compliant Mineral Resource. The program follows high-grade discoveries at the newly identified T3 Constance Lode and historical multi-lode mineralisation.

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.

Ionic Rare Earths (ASX: IXR) has secured binding agreements to supply critical rare earth oxides to US-based Advanced Magnet Lab, supporting domestic production of permanent magnets for defence applications under a US Defense Logistics Agency contract.

Cygnus Metals has delivered robust high-grade drilling results at its Golden Eye deposit, reinforcing its strategy to upgrade inferred resources to indicated status, while commencing exploration at the Gwillim gold prospect with JV partner Alamos Gold.