Latest Joint Venture News

Carnaby Resources, Hammer Metals' JV partner, has announced a maiden high-grade copper-gold resource at South Hope, part of the Greater Duchess Project, which now totals 29.2Mt at 1.3% copper and 0.2 g/t gold.

Red Sky Energy has successfully brought the Yarrow 1 well online ahead of schedule, boosting production and cash flow at its Innamincka Dome projects while advancing drilling and evaluation at Killanoola and offshore Angola.

Juno Minerals has finalised the sale of its Mount Mason DSO Hematite Project for A$6 million plus royalties, while advancing exploration at its flagship Mount Ida Magnetite Project with promising gold assay results and planned drilling.

Invictus Energy has ended its strategic partnership and equity investment agreement with Al Mansour Holdings due to irreconcilable differences and regulatory concerns. The company now refocuses on its core Zimbabwean assets while seeking alternative funding.

Anax Metals Limited has secured a strategic $2.4 million placement and a $3.5 million loan, reinforcing its development plans for the Whim Creek Project in Western Australia's Pilbara region. The company is progressing its feasibility study update, due in March 2026, while advancing partnerships and funding strategies.

Electro Optic Systems (EOS) reports a record $459 million contract backlog, major new defence contracts including a $120 million laser weapon deal, and a strategic acquisition to boost counter-drone capabilities.

Tivan Limited has reported fresh copper-gold mineralisation at its Turiscai Project in Timor-Leste, alongside nearing completion of strategic acquisitions at Baucau and Ossu. These developments mark significant progress in the company’s regional exploration ambitions.

iTech Minerals reports significant gold and antimony intersections from recent drilling at Reynolds Range, Northern Territory, alongside a new magnetic survey expanding exploration targets.

Beam Communications has received a US$9.03 million lump-sum payment from Roadpost, fully resolving its Zoleo divestment and dispute. This upfront cash injection accelerates value realisation and clears the way for Beam to focus on its core satellite communications business.

Canterbury Resources has reported its longest and one of its highest-grade copper intersections to date at the Briggs deposit, underpinning plans for a major resource upgrade and prefeasibility study.

Red Hill Minerals has reported promising maiden diamond drilling results at its Anabama Copper-Gold Project in South Australia, confirming mineralisation and extending known copper-gold zones deeper than previously recorded.

Impact Minerals has acquired a 55 sq km tenement covering the historic Huonville gold district near Broken Hill, significantly expanding its landholding and advancing its exploration for copper-gold deposits.