Latest Joint Venture News

Kinetiko Energy has signed a non-binding term sheet with FFS Refiners to co-develop a pilot LNG plant at Brakfontein, aiming to fast-track gas production and supply to South Africa's industrial market.

Bryah Resources has appointed Greg Hill, a seasoned mining and engineering executive, as its new CEO to spearhead project development and unlock shareholder value. Hill’s global experience aligns with Bryah’s strategic ambitions, including advancing its Western Australian assets and exploring new opportunities like the Golden Pike gold project in Canada.

MRG Metals has achieved a pivotal milestone with the granting of the Corridor South 11137 Mining Licence in Mozambique, setting the stage for production within 12 to 18 months under its fully funded Corridor Sands Project.

Santana Minerals has released an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, showcasing robust economics with a 13.8-year mine life and strong production profile. The study highlights significant capital efficiency improvements and a refined mining strategy.

Magnetite Mines has increased its Razorback Iron Ore Project resource estimate and is advancing strategic partnerships, while early saline water testwork shows promise for green iron production.

The Star Entertainment Group updates investors on stalled negotiations with its joint venture partners over the Destination Brisbane Consortium transaction, facing a looming termination of their binding agreement.

Strickland Metals has agreed to sell its Yandal Gold Project to Gateway Mining for A$45 million in equity, enabling a strategic pivot to its flagship Rogozna Project in Serbia. Shareholders will receive most of the Gateway shares via an in-specie distribution, maintaining exposure to Yandal’s upside.

GTI Energy has successfully raised A$4.5 million through a placement anchored by Snow Lake Energy, a NASDAQ-listed uranium player with a joint venture adjacent to GTI’s Lo Herma project. The funds will accelerate resource expansion and drilling activities.

Papyrus Australia has successfully expanded its banana fibre technology to produce boards and flat paper products, while advancing a promising joint venture in Vietnam for high-volume production.

Koonenberry Gold’s joint venture with Newmont has delivered promising air core drilling results at the Junee Project, expanding known gold and copper mineralisation zones, while Fairholme JV results highlight porphyry system potential despite no significant assays.

Carbonxt Group has increased its ownership in the Kentucky activated carbon facility to 43.7%, moving closer to a 50% target as the plant nears commercial production. The company also raised A$1 million via convertible notes to support this strategic expansion.

Neometals’ joint venture Reed Advanced Materials has signed a non-binding MoU with Rio Tinto to collaborate on advancing the ELi Process, a lithium hydroxide production technology promising significant cost and environmental benefits.