Latest Joint Venture News

Hillgrove Resources has secured an option to earn an 80% stake in the Mutooroo Copper Project through a $10 million pre-feasibility study farm-in with Havilah Resources, aiming to leverage existing infrastructure to boost copper output.

Hillgrove Resources has secured the right to earn an 80% stake in the Mutooroo Copper Project through a farm-in deal with Havilah Resources, leveraging its Kanmantoo processing plant to potentially boost copper output with lower capital risk.

OZZ Resources plans to acquire a nickel-copper-cobalt project in Western Australia’s Murchison region, aiming to raise up to $5 million to fund exploration and return to ASX listing.

Gibb River Diamonds has released the results of its initial aircore drilling program at the Edjudina Gold Project, revealing gold mineralisation of lower than expected grades but confirming key target geology. Inclement weather cut the program short, prompting a follow-up Phase 2 drilling campaign.

Redcastle Resources has secured A$2 million through a discounted share placement aimed at accelerating exploration and advancing its development projects across its Eastern Goldfields portfolio.

Broken Hill Mines (ASX: BHM) has resumed mining at its Pinnacles Silver-Lead-Zinc Mine, marking its first operations since 2021 and aiming to ramp up production through multiple ore feeds to the Rasp processing plant.

Sheffield Resources has secured an additional US$10.15 million tranche on its senior loan facility for the Thunderbird Mineral Sands Mine, aimed at bolstering working capital. Ongoing negotiations to restructure debt add an element of financial uncertainty for the joint venture.

Napier Port reported a robust half-year performance with an 8.8% revenue rise to NZ$84.9 million and underlying net profit after tax up 21.5%, driven by container services growth and key infrastructure projects progressing on schedule.

Diatreme Resources has increased its Si2 Deposit Mineral Resource Estimate by 10.6%, expanding the Northern Silica Project’s high-purity silica sand base to 301.5 million tonnes, underpinning its Pre-Feasibility Study.

Neometals’ latest geophysical survey at Barrambie reveals several high-priority copper drill targets near historic workings, setting up a June drilling campaign.

S2 Resources has secured all exploration licences for the Loch Lilly project in New South Wales, unlocking a vast underexplored belt with multiple copper-gold porphyry targets poised for systematic exploration.

Contact Energy's April 2026 report shows rising electricity and gas sales, improved margins, and lower generation costs, supported by strong hydro storage and ongoing renewable projects.