Latest Joint Venture News

Australian Gold and Copper Ltd (ASX: AGC) has secured the Junee Gold Project in NSW through a $5.4 million share deal, adding seven drill-ready gold targets and raising $5 million to accelerate exploration.

International Graphite Limited and Italian chemical producer Alkeemia have formalised a joint venture to develop a major graphite processing facility in Porto Marghera, Italy, targeting 15,000 tonnes per year by 2029 with first production expected in 2027.

Redcastle Resources has launched continuous mining at its Redcastle Reef gold deposit, advancing from exploration to production under a capital-light joint venture with BML Ventures. Ore haulage to third-party processing is scheduled to begin in June 2026, with first toll treatment expected in July.

Eagers Automotive delivered record $13 billion revenue and underlying EBITDAI of $620.9 million in 2025, boosted by strategic investments in CanadaOne Auto and Mitsubishi Corporation. The company’s 2026 outlook is positive, supported by strong order books and easing supply constraints.

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.