Latest Joint Venture News

Advance Metals has approved an initial diamond drilling program targeting exceptionally high-grade gold zones at its Myrtleford Project, aiming to unlock significant regional potential following a strategic joint venture acquisition.

Sipa Resources has acquired Buru Energy's 50% stake in the Barbwire Terrace Project, gaining 100% ownership and full operational control. The deal includes a 0.6% Net Smelter Return royalty, positioning Sipa to advance exploration of promising zinc-lead-silver targets in Western Australia.

Raptis Group Limited reported stable income from its caretaking and letting operations for the December 2024 quarter, while navigating a personal injury claim and exploring a new residential resort project on the Gold Coast.

Rand Mining Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25. The exploration highlights high-grade gold mineralisation and outlines a clear path for resource updates and further discovery drilling.

Tribune Resources Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25.

Falcon Metals reports steady progress across its Victorian and Western Australian projects, maintaining a strong cash position to fuel ongoing exploration in 2025.

Neometals Ltd has bolstered its financial position with a A$7.1 million capital raise while progressing key projects including the commissioning of a lithium-ion battery recycling plant in Germany and preparing for maiden gold drilling at Barrambie.

Australia United Mining Limited reported steady progress in its New South Wales and Queensland gold projects during the December 2024 quarter, including production from the Ropewalk mine and promising trenching results. Despite limited cash reserves, the company plans to sustain operations with ongoing financial support.

Investigator Resources Limited has postponed the Definitive Feasibility Study (DFS) for its Paris Silver Project to mid-2025, citing rising costs and the need for further optimisation. Meanwhile, exploration drilling continues and asset sales bolster the company’s cash position to $2.7 million.

BPH Global has completed its acquisition of Indonesian seaweed assets, establishing a wholly owned subsidiary and launching joint operations aimed at expanding seaweed cultivation and bio-stimulant product development across Asia.

Orpheus Uranium Limited reports a productive December quarter marked by a successful $1.66 million capital raise, completion of a major gravity survey at Mount Douglas, and ongoing progress toward regulatory approvals for advanced uranium exploration.

Alcoa Corporation reported robust fourth quarter and full year 2024 results, driven by higher alumina and aluminum prices, operational gains, and key strategic initiatives including the Alumina Limited acquisition.