Latest Joint Venture News

Beacon Minerals reported a solid December quarter with 7,310 ounces of gold produced and a 23% rise in realised gold prices, driving revenue to $53.47 million. The company is transitioning mining operations while maintaining strong recovery rates and shareholder returns.

Dart Mining NL has confirmed significant gold, silver, and antimony mineralisation at its Coonambula Project in Central Queensland, with trench and rock chip sampling revealing broad zones of high-grade mineralisation. The company anticipates diamond drilling assay results in early February, setting the stage for further exploration and resource definition.

Aurum Resources has reported multiple high-grade gold intercepts from its extensive drilling program at the Boundiali Gold Project in Côte d'Ivoire, underpinning plans for aggressive resource growth and a Pre-Feasibility Study in 2026.

Wia Gold has appointed mining veteran Henk Diederichs as Managing Director and CEO, signaling a strategic shift as the Kokoseb Gold Project in Namibia moves toward a Definitive Feasibility Study.

Neometals has reported significant gold assay results from its recent drilling at the Ironclad deposit and Mystery gold mine within the Barrambie Gold Project, reinforcing the potential for high-grade mineralisation and advancing plans for resource updates and mine development.

Aquirian Limited reports a robust first half of FY26 with revenue up 27.4% and EBITDA more than doubling, driven by strategic facility upgrades and promising joint ventures.

Rand Mining reports completion of over 5,200 metres of diamond drilling at East Kundana Joint Venture, revealing promising assay results from Sadler and Golden Hind deposits without altering current resource estimates.

Metgasco shareholders have approved the sale of their 25% stake in the Southern Flank joint ventures to Vintage Energy, marking a key milestone in Vintage’s strategic expansion. The deal still awaits final conditions before completion.

Tasman Resources has clarified the reasons behind its recent share price jump, pointing to a significant new investor, upcoming drilling programs, and a rising stake in Eden Innovations. The company reassures the market it remains fully compliant with ASX disclosure rules.

Norfolk Metals has completed Phase #1 of its maiden drilling campaign at the Carmen Copper Project in Chile, confirming significant higher-grade copper sulphide mineralisation open at depth. The company also secured firm commitments for a $2.1 million placement to fund ongoing exploration.

Power Minerals has terminated its joint venture with Navigate Energy on the Rincon Lithium Project, opting to retain full ownership and seek new partners amid a buoyant lithium market.

BlueScope announces a $1.00 per share unfranked special dividend, returning $438 million to shareholders from recent asset sales and working capital releases. The steelmaker signals a robust cash flow outlook with a planned capex reduction in FY2027.