Latest Joint Venture News

Gold Mountain Limited has completed the acquisition of Mars Mines’ 25% stake in its Brazil Joint Venture, gaining full ownership and strategic control. This move simplifies the corporate structure and positions the company to accelerate exploration and development in Brazil.

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Blue Star Helium has successfully started helium production at its Galactica project in Colorado, positioning itself as America’s newest helium producer with sales targeted for early 2026. The company’s strategic joint venture and low-cost operations underpin a promising growth trajectory amid rising helium and CO₂ demand.

Altamin Limited has completed a $1.003 million placement, bolstering its financial position to progress key projects in Italy amid ongoing permitting and partnership efforts.

Blue Star Helium has successfully started helium production at its Pinon Canyon plant, marking a key milestone as it prepares for commercial sales and expansion in 2026.

Artemis Resources has secured a joint venture to earn a 60% stake in the Sharon Dam IOCG copper target, backed by a $220k government grant and planned drilling in early 2026. This deal extends Artemis’ footprint in a promising underexplored copper province in Western Australia.

Redcastle Resources has reported further high-grade and broad gold intercepts from its ongoing drilling at Redcastle Reef, reinforcing confidence in the deposit's geological continuity and supporting near-term mine planning.

Lendlease has struck a binding agreement to sell a significant stake in its Malaysian TRX retail and office assets, marking a key step in its FY26 capital recycling strategy aimed at reducing gearing and unlocking value.

Central Petroleum has amended its sub-salt exploration permit sale, excluding the EP82 permit and retaining Helium Australia Pty Ltd, while anticipating a $4.2 million impairment charge in FY26.

Artemis Resources confirms a significant gold-bearing shear zone at Titan East near its Carlow deposit, highlighted by a wide 19m intersection at 1.6g/t Au and a previous high-grade 5m intercept at 13.1g/t Au. Diamond drilling has commenced to better define this emerging gold system.

Sheffield Resources has negotiated a waiver and deferral on senior loan repayments for its Thunderbird Mineral Sands Mine, while ongoing discussions with lenders aim to restructure project finance amid uncertain shareholder funding.

PTR Minerals has completed a major drilling campaign at its Rosewood project, revealing consistent high-grade titanium mineralisation and setting the stage for a maiden JORC resource estimate in mid-2026.