Latest Joint Venture News

Arcadia Minerals announces key leadership departures and a strategic pivot towards gold and critical minerals acquisitions, alongside planned drilling at its promising TVC Project in Namibia.

State Gas Limited has raised $3.2 million through convertible notes issued at a 33% premium, alongside a $0.5 million director debt conversion, to accelerate pre-development of its Rolleston West coal seam gas project following a maiden 2P reserve certification.

Sunstone Metals has raised $8 million through a discounted share placement to fund a scoping study and drilling at its Bramaderos Gold-Copper Project in Ecuador, while advancing strategic corporate discussions.

Anax Metals has completed a $2.4 million strategic placement with mining group Gold Valley at a 37.5% premium, while securing a $3.5 million loan to repay convertible notes, positioning the Whim Creek copper project for near-term development.

The Minerals Development Company Botswana has increased its investment in Botala Energy’s Serowe coal bed methane project to approximately A$4 million, signaling strong government backing for the company’s LNG ambitions.

Great Divide Mining has settled its dispute with Adelong Gold Limited, paving the way for full ownership of Challenger Mines and marking a key milestone in its transition to producer status.

Miramar Resources has secured A$1 million through a share placement to fund a targeted RC drilling campaign at its high-potential Gidji JV gold project, while appointing a new director to strengthen its board.

Adelong Gold Limited has agreed to sell its remaining 49% stake in Challenger Mines to Great Divide Mining for 10 million shares valued at approximately AUD 3.1 million, while retaining a 1% royalty on future gold production.

Sparc Hydrogen has appointed Alana Barlow as its inaugural CEO, marking a strategic move to accelerate commercialisation of its innovative photocatalytic water splitting technology for green hydrogen.

Lincoln Minerals has partnered with Revera Energy to explore a green hydrogen-fueled iron pellet plant at the Eyre Magnetite Project, aiming to advance sustainable steel production in South Australia.

Regis Resources’ latest exploration update reveals strong drilling results across key targets at Duketon and Tropicana, underscoring significant growth potential and resource extensions.

The Federal Court of Australia has approved BHP’s AU$110 million settlement of the Samarco shareholder class action, marking a significant legal milestone for the mining giant.