Latest Joint Ventures News

Burger Fuel Group posted a 92% surge in net profit to NZ$1.97 million for FY26, driven by steady system sales growth, a one-off store sale gain, and reduced legal expenses, while geopolitical instability in the Middle East weighs on international sales.

Clime Investment Management has wrapped up major strategic initiatives including fund sales and business consolidations, while its flagship Clime Capital fund outperformed benchmarks. The company declared a fully franked interim dividend of 0.3 cents per share.

Iceni Gold has secured a farm-in and joint venture agreement with Gold Fields, unlocking up to $10 million in exploration funding at the Everleigh-Tatong prospect within its 14 Mile Well Gold Project in Western Australia.

Deep Yellow Limited has secured a 50% interest in the Cooper Creek Joint Venture, significantly enlarging its tenure in the Alligator Rivers Uranium Province and reinforcing its uranium exploration portfolio in Australia.

IGO Limited has secured full ownership of the Copper Wolf copper project in Arizona, expanding its battery minerals portfolio ahead of a planned drilling campaign in early 2027.

Buxton Resources has sold its 49% interest in the Copper Wolf Project joint venture to IGO for nearly AUD 6 million while keeping full ownership of surrounding prime exploration tenements in Arizona.

Collins Foods delivered record FY26 revenue and underlying profit, declaring a 15c fully franked final dividend while exiting Taco Bell to sharpen focus on KFC expansion in Australia and Europe.

Tivan Limited has engaged Indigenous-owned MDM Mining & Civil under an Early Contractor Involvement contract to optimise the access road design for its Speewah Fluorite Project in WA, supporting the ongoing Definitive Feasibility Study.

Macarthur Minerals narrowed its loss to $1.82 million for FY26, bolstered by a major new investor and joint venture at its Lake Giles iron ore project in Western Australia.

Strategic Energy Resources (ASX:SER) has raised $1.5 million through a discounted share placement and a fully underwritten share purchase plan to back a high-impact drilling campaign at its Diamantina Copper-Gold Project in Queensland.

Asara Resources has adjusted its $60 million institutional placement after Barbet LLC FZ reduced its subscription significantly, with the balance placed to other investors to keep the raise on track. The funds will accelerate drilling and development at the Kada Gold Project in Guinea.

Athena Resources has kicked off a 2,900m drilling campaign at its Narryer magnetite deposit, aiming to establish its first Mineral Resource Estimate and advance development plans within the Byro Magnetite Project.