Latest Joint Venture News

Vintage Energy reported a modest decline in quarterly sales revenue and production but strengthened its cash position through a fully subscribed capital raising and strategic asset sale agreement. The company also initiated a promising feasibility study on a CO2 liquefaction plant at Nangwarry.

Adelong Gold Limited has achieved its first gold pour at the Challenger Gold Mine in NSW and completed a key drilling program at its Apollo Gold Project in Victoria, while acquiring the high-grade Lauriston Gold Project to bolster its exploration portfolio.

Hudson Investment Group is actively exploring sale and joint venture options for key properties while managing a negative operating cash flow, supported by recent vendor finance receipt.

Ionic Rare Earths’ Belfast plant is ramping up production of critical heavy rare earth oxides to meet soaring demand from Western markets following China’s export restrictions. This strategic move positions the company as a key supplier for defence, renewables, and advanced manufacturing sectors.

Auris Minerals reports steady progress in its Bryah Basin projects, maintaining a solid cash position while continuing due diligence on new opportunities.

Jade Gas Holdings has secured a A$3.64 million director loan to advance production at its Red Lake Gas Field, anticipating a transformational gas breakthrough this quarter.

Peel Mining has completed key drilling and testwork at its Wagga Tank site while identifying promising gold targets at Nombinnie, setting the stage for expanded exploration.

Nexus Minerals has reported a significant new gold discovery at its Wallbrook Gold Project, highlighted by strong drilling results at the Payns Prospect, while progressing permitting for the Crusader-Templar deposit and maintaining a solid cash position.

S2 Resources advances exploration across multiple Australian projects with promising gold and base metal anomalies, while bolstering its balance sheet through a successful A$3.5 million capital raise.

Ardea Resources reports significant progress on its Kalgoorlie Nickel Project, completing key drilling and metallurgical work while securing $4.6 million in strategic funding from Sumitomo Metal Mining. The company remains well-funded as its joint venture partners advance the Definitive Feasibility Study.

IGO Limited reported robust operational performance in Q4 FY25 with improved safety and higher production at Greenbushes and Nova, while facing significant impairment at its Kwinana lithium refinery.

Southern Hemisphere Mining has updated its JORC Mineral Resource Estimate for the Llahuin Copper-Gold-Molybdenum Project in Chile, reporting a substantial 218 million tonnes at 0.38% copper equivalent with significant contained metals and promising exploration upside.