Latest Joint Venture News

Dyno Nobel reports a robust FY25 with a 23% rise in EBIT excluding major one-offs, nearing completion of its Fertilisers business separation and setting ambitious new decarbonisation targets.

FMR Resources has reached 1,198.9 metres in drilling at its Southern Porphyry target in Chile, revealing encouraging copper mineralisation and potassic alteration above the main target zone. Despite a temporary pause due to mechanical issues, drilling is set to resume soon, reinforcing confidence in the project’s geological model.

Jade Gas Holdings has signed a non-binding Letter of Intent with Chinese partner Langrun for up to A$70 million in non-dilutive financing to fast-track its Red Lake LNG project in Mongolia. This deal could significantly advance drilling, production, and gas processing operations.

Marmota Limited is advancing its Greenewood gold project with a substantial Stage 2 drilling campaign following exceptional bonanza-grade results from its maiden program. The upcoming program aims to build on promising early assays that highlight Greenewood’s potential as a key asset in the Gawler Craton.

High-Tech Metals has increased its ownership in the Mt Eureka Gold Project to 75%, consolidating its position in Western Australia’s Northern Goldfields and setting the stage for expanded exploration and resource growth.

Savannah Goldfields has resumed gold production at its Georgetown plant, pouring its first doré since early 2024, while preparing to commence mining at Big Reef and expand operations at Agate Creek.

Kuniko Limited has completed a key airborne geophysical survey and begun field sampling at its Commonwealth Gold-Silver Project in NSW, setting the stage for maiden drilling in early 2026. These steps fulfill joint venture commitments and maintain licence status in a prolific mineral region.

Metal Bank Limited has successfully closed a $2.42 million entitlement offer, bolstering its capacity to advance gold projects in Western Australia and critical minerals exploration in Queensland.

Hammer Metals Limited has launched a focused Phase 2 diamond drilling campaign at its Bullrush Joint Venture, aiming to expand on promising initial results and refine its geological model for a potential large-scale IOCG system.

Aurum Resources reports strong high-grade gold intercepts from its extensive drilling program at the Boundiali Gold Project in Côte d’Ivoire, boosting resource confidence ahead of major updates in early 2026.

Tanami Gold NL has updated its Central Tanami Project Mineral Resource Estimate, boosting total gold resources to 2.8 million ounces. This increase reflects recent drilling, higher gold price assumptions, and improved metallurgical recoveries across multiple deposits.

Great Southern Mining confirms significant shallow gold mineralisation over a 4.5-kilometre strike at its Amy Clarke prospect, with high-grade assays including 2m at 23.9 g/t Au. Follow-up drilling is planned for early 2026 to further delineate this promising discovery.