Latest Joint Venture News

Gibb River Diamonds reports over 5,200 ounces of gold produced from its Neta Gold Project, generating nearly AUD 38 million in sales, with final processing results pending. The company anticipates a significant cash payment soon and plans further drilling at Edjudina.

Sheffield Resources has withdrawn its March quarter production and shipment guidance for the Thunderbird Mineral Sands Mine due to ongoing operational challenges, including equipment failures and weather impacts. The company has initiated management changes and plans to commence shipments of a new HiTi concentrate product this month.

Alchemy Resources has agreed to sell its Karonie and Lake Rebecca gold projects to Forrestania Resources for $5 million in shares, while retaining a 1% royalty. This deal marks a strategic refocus on Alchemy’s promising New South Wales assets.

Noronex Limited has completed the sale of its non-core Dordabis Copper Project in Namibia, receiving the final payment and strengthening its cash position to advance exploration in higher-priority uranium and copper assets.

Savannah Goldfields reports steady gold pours at its Georgetown plant through early 2026, with a planned maintenance pause and a clear roadmap to resume mining and processing activities in the coming months.

Chariot Resources has secured Nigerian government approval for the transfer of six lithium licenses, marking a key step toward acquiring a majority stake in a promising Nigerian lithium portfolio. This regulatory milestone enables immediate exploration and mining activities at multiple projects amid soaring lithium prices.

Hammer Metals is set to accelerate exploration with a 3,000m drilling campaign at its Kalman Critical Metals Deposit and other key copper-gold prospects in Mount Isa, aiming to upgrade resources and underpin a maiden Scoping Study.

Nex Metals Explorations is progressing metallurgical testing at its Kookynie Tailings Project and broadening collaboration with WTAC, while navigating geopolitical challenges delaying its Egyptian exploration efforts.

Tetratherix Limited has raised approximately $5 million to fast-track its Tutelix prostate spacer into pivotal clinical trials across Australia and the US, aiming to improve radiation therapy for prostate cancer patients.

Horizon Minerals reports strong gold production from Phillips Find and a robust cash position, setting the stage for upgrading its Black Swan Processing Hub.

Miramar Resources has reported a standout shallow high-grade gold intersection at its Gidji JV Gold Project near Kalgoorlie, boosting hopes for a new gold resource. Further assays and drilling are underway to define the scale of this promising discovery.

Pan African Resources has agreed to acquire Emmerson Resources via a scheme of arrangement valued at approximately A$311 million, offering Emmerson shareholders a 36.4% premium. The deal aligns interests in the Tennant Creek Joint Venture and provides exposure to a larger gold producer.