Latest Joint Ventures News

GPT Management Holdings Limited reported a remarkable 184% surge in net profit for the half year ended June 2025, driven by a 36.5% rise in revenues, yet chose not to declare any dividends.

The GPT Group has reported a remarkable turnaround in its half-year results, with revenues soaring over 1000% and net profit swinging from a loss to a substantial gain, prompting a solid distribution declaration.

Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.

Great Divide Mining disputes the validity of a Deadlock Notice issued by Adelong Gold over their Challenger Gold Mine joint venture, asserting the annual plan was properly approved and no deadlock exists.

Falcon Metals has reported a spectacular 1.2m intercept grading 543 grams per tonne gold at its Blue Moon project in Victoria’s Bendigo Goldfield, signaling a promising new chapter in high-grade gold exploration.

Adelong Gold has formally issued a Deadlock Notice to Great Divide Mining, citing fundamental disagreements over the approval of the Challenger Gold Mine’s first annual programme and budget. The dispute raises questions about the joint venture’s path forward amid conflicting claims on production targets and technical assumptions.

Mirvac Group has reported a significant turnaround, posting a 108% increase in profit attributable to stapled securityholders despite a 10% decline in total revenue for the year ended June 2025.

Kincora Copper Limited advances its project generator model with six asset-level partnerships unlocking over A$110 million in funding, supported by a C$4 million private placement led by prominent North American investors. The company ramps up drilling and exploration activities, particularly at its 100% owned Condobolin project.

Miramar Resources has extended its Share Purchase Plan closing date to 27 August 2025, giving shareholders more time to invest at a 20% discount as the company awaits critical exploration results.

HealthCo Healthcare & Wellness REIT reports FY25 results marked by suspended distributions amid Healthscope receivership, while maintaining strong portfolio fundamentals and active tenant resolution efforts.

HealthCo Healthcare and Wellness REIT reported a substantial $89.3 million loss for FY25, driven by tenant payment issues and portfolio downsizing, leading to suspended distributions and a debt facility extension.

Helix Resources has initiated trading of rights under its renounceable rights issue, offering shareholders flexible options to participate or sell. This move aims to support the company’s expanding copper and gold exploration projects in Arizona and New South Wales.