Latest Joint Ventures News

Alara Resources' joint venture in Oman is under legal scrutiny as local residents seek to halt operations and challenge project licences. The company disputes the claims and continues production while monitoring developments.

Cazaly Resources has struck a deal with Dundas Minerals, allowing the latter to earn an 80% interest in the Romano gold project by funding $2 million in exploration over two years. Cazaly retains a 20% free-carried interest while focusing on its core Goongarrie project.

Kuniko Limited reports promising high-grade gold and silver rock chip results at its Geenobby Prospect, confirming a structurally controlled mineralised system and setting the stage for imminent drilling in early 2026.

DeSoto Resources has completed a 4,388-metre drilling program at its Spectrum Project in Australia's Northern Territory, revealing limited gold and rare earth element mineralization. The company will now pivot its exploration efforts to its Siguiri Basin Projects in Guinea, while exploring joint venture or divestment options for its Northern Territory assets.

Temas Resources has completed a detailed airborne LiDAR survey at its Quebec projects, enhancing geological and engineering insights while progressing its proprietary Regenerative Chloride Leach technology aimed at slashing processing costs.

Indiana Resources has resolved its long-standing arbitration dispute with Tanzania, clearing the way to concentrate on its promising Australian gold exploration projects.

Environmental Clean Technologies Limited has completed its acquisition of Terrajoule Pty Ltd, securing exclusive rights to innovative soil remediation technology, while raising $3.25 million to fuel its growth and advancing promising fertiliser trials.

Antilles Gold has received an interim distribution of A$3.25 million from the liquidation of a former subsidiary, directing these funds to support construction of its Nueva Sabana copper-gold mine in Cuba.

Scentre Group has sold a 19.9% stake in Westfield Sydney to Australian Retirement Trust for $864 million, reinforcing its strategy of capital recycling through joint ventures.

MRG Metals has raised $0.73 million through a placement to advance its rare earth and heavy mineral sands projects in Mozambique and South Africa, including a strategic acquisition and mining license progression.

MRG Metals has completed the acquisition of the Garies Rare Earth Project, a high-grade, magnet-rich rare earth asset in South Africa, significantly boosting its critical minerals portfolio. The deal positions MRG for rapid development with a clear pathway to early cashflow and complements its existing projects in Mozambique and the Adriano–Fotinho corridor.

Emmerson Resources and Pan African Resources have approved a $6.9 million exploration budget for the Tennant Creek Joint Venture in Q1 2026, marking the largest quarterly spend in over two decades. The program targets high-grade gold deposits with extensive drilling and geophysical surveys.