Latest Joint Venture News

Norfolk Metals has secured a binding earn-in agreement to acquire a majority stake in the Carmen Copper Project in Chile, backed by a $1 million capital raising commitment. The company is progressing exploration plans alongside ongoing work at its uranium and gold-copper projects.

Cassius Mining Limited reports significant progress on its Soalara Limestone Project in Madagascar, alongside ongoing international arbitration against Ghana seeking USD 277 million in damages. The company also strengthens its balance sheet with recent equity raises totaling approximately AUD 1.53 million.

Kinetiko Energy reports encouraging progress in South African gas exploration, with improved well performance and a drilling optimisation study revealing key production enhancements.

Evion Group has marked a key milestone with its first expandable graphite shipment from its India joint venture, while progressing critical permitting for its flagship Maniry Graphite Project in Madagascar. The company also secured $2 million in funding to support expansion and development.

KALiNA Power has advanced its Canadian AI data centre power portfolio with strategic site sales, partnerships, and a $1.5 million capital raise to fund development milestones.

Ionic Rare Earths reports major strides in sustainable magnet recycling and heavy rare earth projects, backed by strategic partnerships and a sharp reduction in losses.

TechGen Metals reports compelling high-grade copper assays and airborne EM targets at Kimberley projects, with imminent drilling programs set to test promising gold anomalies in Western Australia.

Boab Metals has executed a binding agreement to acquire the DeGrussa Processing Plant, significantly derisking its Sorby Hills Lead-Silver-Zinc Project and setting the stage for a Final Investment Decision in the second half of 2025.

Pilot Energy has significantly upgraded its WA-481P gas and oil prospective resources, completed a board renewal, and secured $7.4 million in capital, while progressing the acquisition of the Cliff Head Oil Joint Venture and attracting foreign investment interest in its carbon storage project.

Paterson Resources has reported promising geochemical test results from its Grace Gold Project, indicating high gold recoveries using conventional cyanide leach methods. These findings support the project's potential for efficient gold extraction and resource upgrading.

Latrobe Magnesium Limited is poised to commence operations at its Demonstration Plant by late May 2025, backed by a $6.3 million funding boost and strategic advances in its international and commercial projects.

West Cobar Metals has identified five high-priority copper-gold targets in Western Australia’s Fraser Range and secured a farm-in deal with Minrex Resources to fund upcoming drilling. Positive metallurgical results at its Bulla Park copper-antimony project and a $450,000 placement underpin its exploration momentum.