Latest Joint Venture News

Metal Bank Limited has applied for a mining lease over the Seven Leaders deposit at its Whiteheads Gold Project near Kalgoorlie, aiming for mining commencement in the fourth quarter of 2026 following optimisation studies and approvals.

Sheffield Resources (ASX:SFX) has provided an update on ongoing debt restructuring negotiations for the Thunderbird Mineral Sands Mine, highlighting operational disruptions and additional working capital support from Yansteel. Uncertainty remains over the successful amendment of senior loan facilities.

Cassius Mining Limited (ASX: CMD) has raised $5 million through secured convertible notes to support its Soalara Limestone project development and international arbitration claim against Ghana, with a final hearing scheduled for June 2026.

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

Miramar Resources Limited (ASX:M2R) has finalised the sale of its Randalls Project to Ore Resources Ltd (ASX:OR3) for up to AUD 800,000 in cash, shares, milestone payments, and royalties, aligning with its strategy to streamline its exploration portfolio and concentrate on other Western Australian projects.

Earth’s Energy Limited has clarified its ASX disclosures regarding a dispute and subsequent settlement with minority shareholders over its geothermal joint venture, highlighting the evolving nature of the matter and compliance with continuous disclosure rules.

Vitura Health has appointed Justin James as its new CEO, bringing a wealth of healthcare leadership and a proven track record in specialty therapies to accelerate the company’s transformation.

Many Peaks Minerals has reported significant high-grade gold intercepts from recent diamond drilling at its Ferké project in Côte d’Ivoire, advancing towards a maiden Mineral Resource Estimate planned for early 2026.

Savannah Goldfields has resumed gold processing at its Georgetown plant following maintenance, with ongoing production and plans to restart mining at Agate Creek pending environmental approval.

MRG Metals has confirmed a straightforward and scalable processing method for its high-grade rare earth mineralisation at the Garies Project, achieving an initial 72% recovery of monazite concentrate with potential for further gains.

Red Sky Energy has secured its stake in the next phase of the Yarrow gas field development with Santos, backed by a $1 million placement and a planned Rights Issue to fund its share of the $2 million expenditure.

PT Aneka Tambang Tbk (ANTAM) reported a historic financial year in 2025, with revenue up 22% and net profit more than doubling to Rp7.92 trillion, driven by strong domestic demand and operational efficiency. The company also navigates evolving Indonesian mining regulations and ongoing legal challenges as it invests in downstream nickel projects.