Latest Joint Venture News

Scentre Group has sold a 25% stake in Westfield Chermside to a Dexus-managed fund for $683 million, maintaining half ownership and management control. This move injects fresh capital aligned with its long-term strategy.

Triangle Energy has launched legal proceedings against Echelon Energy's subsidiary over a $3.84 million cost dispute tied to a farm-in agreement in the Perth Basin. The move follows failed negotiations after Echelon's withdrawal from drilling obligations.

Eagle Mountain Mining is progressing its Oracle Ridge Project partnership with Nittetsu Mining, as due diligence activities intensify in Arizona ahead of a potential joint venture agreement.

Capella Minerals has commenced its first diamond drilling program at the Killerö gold-copper project in northern Finland, marking a significant step forward in Cullen Resources’ Northern Finland joint venture. The initial drilling aims to test high-potential anomalies within the Central Lapland Greenstone Belt.

MetalsGrove Mining has significantly expanded its gold exploration presence in Côte d’Ivoire by securing the Stellar Joint Venture permit, creating a contiguous 75 km strike length in a prolific greenstone belt. Immediate exploration activities using innovative soil sampling technology are set to commence.

Alchemy Resources has reported further high-grade iron ore intercepts at its Valley Bore Project in Western Australia, confirming mineralisation over a 600m strike length with strong potential for expansion. The company’s joint venture option with Newcam Minerals adds strategic momentum to the project’s development prospects.

Jade Gas Holdings has verified exceptionally high methane purity exceeding 97% at its Red Lake gasfield, underpinning its commercial LNG ambitions and opening new chemical feedstock opportunities.

Native Mineral Resources reports steady gold production at Blackjack with 1,300 ounces yielded and $7.6 million revenue, while advancing regulatory and joint venture developments.

Marmota Limited’s maiden drilling program at the Greenewood gold discovery in South Australia reveals spectacular bonanza-grade gold assays over nearly 1km strike length, positioning the project as a standout in the Gawler Craton.

Norfolk Metals has released promising initial assay results from its maiden drilling campaign at the Carmen Copper Project in Chile, confirming both shallow copper oxide and deeper sulphide mineralisation. These findings reinforce the project's potential for a JORC-compliant resource and set the stage for further exploration.

Neometals has signed a non-binding Letter of Intent with BML Ventures to jointly develop the Ironclad Gold Deposit, aiming for early production through a funded open-cut mining operation with profit sharing.

Rand Mining has released a replacement exploration report for the East Kundana Joint Venture, highlighting new JORC disclosures and promising high-grade gold assay results from the Ambition prospect.