Latest Joint Venture News

Atlantic Lithium has secured all essential permits for its flagship Ewoyaa Lithium Project in Ghana and updated its feldspar resource estimate, while navigating funding challenges and awaiting parliamentary ratification of its mining lease.

Altair Minerals has made a significant leap with the acquisition of the Venatica Copper Project in Peru, revealing multiple high-grade porphyry systems that could position the company as a key player in a globally significant copper belt.

Mindax Limited has secured $7.75 million through a share placement and acquired strategic stakes in Doublebell Resource Wealth and Cashmere Iron, advancing its vision to develop the Mid-West region into a major iron ore hub.

Savannah Goldfields is gearing up to restart gold production by July at its Georgetown and Agate Creek projects, bolstered by a $5.7 million capital raise and the appointment of a seasoned mining CEO.

Gullewa Limited reported a positive cash flow quarter ending March 2025 and increased its ownership in Central Iron Ore Limited to 54.46%, signaling strategic consolidation in its iron ore interests.

Voltaic Strategic Resources advances exploration at Meekatharra and Kooline gold projects while securing a strategic 4.2% stake in Geopacific Resources, owner of the Woodlark Island gold project.

Metgasco Limited reported a modest quarterly profit supported by steady gas production from its Odin and Vali fields, while approving a production uplift program to boost future output. Despite challenges including flooding delays and lower LPG sales, the company secured a six-year licence renewal, positioning it for growth in the Cooper Basin.

Verity Resources reports significant progress at its Monument Gold Project in Western Australia, confirming a 1.1km gold mineralised strike at Fred’s Well and initiating steps to upgrade its resource base. The company also raised $308k via placement and launched a $1.1 million renounceable rights issue to fund further exploration.

Southern Hemisphere Mining has extended the strike of its Cerro-Ferro copper system by 15% to 2.2km and confirmed strong geophysical correlations at Llahuin, setting the stage for deep drilling to test new targets.

GBM Resources Limited reports significant progress in its exploration programs and asset sales for Q1 2025, including a key Mt Morgan divestment and ongoing farm-in developments at Mt Coolon.

Kula Gold has reported promising drilling outcomes at Mt Palmer and Mustang prospects, earned an 80% stake in Mt Palmer, and raised $1.39 million through a recent entitlement offer.

Nexus Minerals reports breakthrough regional exploration success at its Wallbrook Gold Project with two new significant gold discoveries and expanded mineralisation footprints, while progressing mine studies and permit applications.