Latest Joint Ventures News

Chariot Resources has amended its acquisition agreement for a Nigerian lithium portfolio, securing financing and extending the closing deadline to May 2026. The move reinforces exclusivity protections and paves the way for a smoother transaction completion.

Noronex Limited has received a non-refundable $200,000 option fee from Joint Era Mining, moving forward the $4.5 million sale of its Witvlei Project in Namibia and setting a three-month exclusivity period for due diligence.

Native Mineral Resources Holdings Limited has entered a binding joint venture with Haoma Mining NL to develop the Ravenswood Gold Project, leveraging NMR’s Blackjack Operations as a regional processing hub.

Dreadnought Resources has formalized a $10 million joint venture with Black Cat Syndicate to fund, develop, haul, and process ore from its Star of Mangaroon gold project, enabling near-term cashflow without upfront capital.

Black Cat Syndicate has entered a joint venture with Dreadnought Resources to develop and process ore from the high-grade Star of Mangaroon deposit, aiming to boost production and operational flexibility at its Paulsens facility.

Southern Cross Electrical Engineering’s subsidiary Heyday has lost a $22 million arbitration claim related to the WestConnex M5 tunnel project, forcing a major write-off and a steep cut to FY26 earnings guidance.

Evion Group has landed a significant A$1.5 million order to supply expandable graphite to a major US graphite supply chain company, reinforcing its position as a trusted non-Chinese supplier amid growing demand.

GreenTech Metals has agreed to acquire a majority interest in the Munni Munni Platinum Group Elements-Copper-Nickel project in Western Australia, consolidating a large tenure package and positioning itself for a resource upgrade and exploration program.

Helix Resources has initiated a comprehensive geophysical and drilling program at its White Hills Copper-Gold Project in Arizona, aiming to unlock significant mineral potential. The integrated approach combines cutting-edge seismic and magnetotelluric surveys with targeted diamond drilling to refine geological models and test promising copper and gold anomalies.

Metcash Limited reported a marginal rise in sales revenue to $8.48 billion for 1H26, with underlying EBITDA up 2% driven by Food pillar growth, while EBIT declined 2.4% amid challenges in Liquor and Hardware segments. The Board declared an interim fully franked dividend of 8.5 cents per share.

DevEx Resources has secured Alligator Energy’s entire uranium tenement package in the Northern Territory’s Alligator Rivers Uranium Province, significantly expanding its Nabarlek Project footprint. This strategic move consolidates key uranium-bearing fault corridors and historical resources, setting the stage for a district-scale exploration push.

Alara Resources has successfully commissioned its Al Wash-hi Majaza Copper Concentrator Plant in Oman, marking a key milestone as it begins copper-gold concentrate shipments and advances exploration across multiple licences.