Latest Joint Ventures News

Dexus Industria REIT reported steady financial results for the year ended June 2025, with stable distributions and an expanded asset base despite a slight dip in revenue and net profit.

FMR Resources has refined a significant copper porphyry drill target at its Southern Porphyry prospect in Chile, setting the stage for Phase I drilling early in Q4 2025. Integrated geophysical data and historic drillhole analysis underpin this high-priority exploration push.

Hawthorn Resources corrects its ASX announcement to include detailed Mineral Resource Estimates and confirms the Competent Person for its Anglo Saxon Gold Project. The company has also initiated an 8,000m drilling program aimed at expanding and de-risking the resource.

The Star Entertainment Group has executed binding agreements to exit its 50% stake in the Destination Brisbane Consortium, while consolidating full ownership of key Gold Coast hotels. The transaction unfolds in two stages, reshaping the company’s asset portfolio and financial commitments.

Chrysos Corporation reports robust FY25 financial growth driven by global adoption of its PhotonAssay technology and secures a strategic Master Services Agreement with gold giant Newmont. The company projects further revenue and EBITDA expansion in FY26.

Fortescue has approved a $3 million exploration budget for Strategic Energy Resources’ Canobie Project, setting the stage for a significant diamond drilling campaign targeting copper-gold mineralisation in northwest Queensland.

Titan Minerals reports robust drilling results at its Dynasty Gold Project in Ecuador, revealing wide, high-grade gold and silver intercepts that promise resource expansion and improved mine economics.

AXP Energy has secured 1,400 acres of oil and gas leases in Kay County, Oklahoma, setting the stage for rapid drilling and expansion of its gas-to-power-bitcoin mining operations. The company aims to leverage proven stacked pay zones and a favorable regulatory environment to scale production and innovative energy uses.

Tesoro Gold has successfully dismissed initial legal claims from joint venture partner Wanaco SpA and increased its ownership in the El Zorro Gold Project to over 90%, reinforcing its strategic position in Chile.

Tali Resources has commenced drilling across multiple high-priority prospects in the West Arunta, leveraging its dominant land position and a strong cash balance to explore for Tier-1 copper and critical metal deposits.

SGH Ltd reported a solid 12.6% rise in net profit for FY2025 alongside a dividend increase, reflecting steady growth despite key asset sales. The company’s net tangible asset backing per share surged, signaling strengthened balance sheet resilience.

Peak Rare Earths Limited shareholders are set to vote on a scheme of arrangement proposing acquisition by Shenghe Resources (Singapore) Pte. Ltd., valuing Peak at approximately A$158 million and offering a substantial premium over recent trading prices.