Latest Joint Ventures News

High-Tech Metals has completed a major drilling program at Mt Fisher with promising early assays and delivered exceptional metallurgical recoveries at Wagtail, progressing both projects toward near-term production.

Novo Resources is gearing up for a 2,700-metre RC drilling campaign at the Tibooburra Gold Project in NSW, aiming to expand on high-grade gold zones at Clone and test uncharted mineralisation at Pioneer South under a new joint venture with Manhattan Gold.

PLS Group Limited delivered record FY26 lithium production and sales, boosted revenue 152%, and commenced Ngungaju plant restart, setting the stage for growth with P2000 expansion feasibility underway.

Rand Mining’s cash balance fell to $2.086 million in June quarter as gold sales dipped and operating cash flow turned negative, pressured by higher production and development expenses.

Golden Globe Resources has confirmed copper-gold mineralisation at Queensland’s Dooloo Creek through Phase 1 drilling, validating its exploration model and commencing Phase 2 to target deeper, higher-grade zones.

Meteoric Resources has signed a strategic partnership with POSCO International to advance the development and commercial production of rare earths at the Caldeira project in Brazil, aiming to secure a resilient supply chain for Korea.

Astron Limited is progressing a $220 million senior debt facility for its Donald Rare Earth and Mineral Sands Project, targeting a Final Investment Decision in Q3 2026. The company’s joint venture partner Energy Fuels Inc. is expanding its rare earth supply chain with a $1.9 billion acquisition, while a revised Phase 2 study boosts the project’s combined NPV to $2.3 billion.

Nickel Industries delivered a record US$45.7 million Adjusted EBITDA from its Hengjaya Mine, launched first mixed hydroxide precipitate production at its ENC HPAL project, and secured major HPAL asset acquisitions, positioning itself for growth across the nickel value chain.

Metal Bank is pushing its Western Australian gold projects closer to production while expanding critical minerals exploration in Queensland, supported by a $1.2 million placement.

Woodside Energy reported a 28% jump in Q2 operating revenue to $4.185 billion, propelled by a 35% rise in average realised prices despite a 9% dip in production volumes. Key LNG projects Scarborough, Trion, and Louisiana LNG progressed on schedule and budget, while Woodside increased its Browse Joint Venture stake to 41.27%.

Thor Energy reported a robust cash position of A$2.8 million at June 30, 2026, and confirmed natural hydrogen concentrations up to 3% at its HY-Range Project. The company awarded a fully funded 464 line-kilometre 2D seismic survey to Velseis, marking a key step towards drilling.

FMR Resources reports encouraging assay results from its maiden drill program at the Llahuin JV, revealing extensive copper-gold-molybdenum mineralisation. The company also progresses its acquisition of the La Lorena Project with high-grade rock chip samples and identifies multiple magnetic targets for follow-up.