Latest Joint Ventures News

Ionic Rare Earths is advancing plans for multiple magnet recycling plants in the US, leveraging patented technology to produce high-purity rare earth oxides amid growing demand for sovereign supply chains.

Metcash Limited reported solid FY25 results with revenue rising 8.9% to $17.3 billion, driven by strong Food growth and Hardware’s late recovery. Despite a slight dip in underlying profit after tax, the company’s strategic mergers and acquisitions position it well for future expansion.

Ausgold Limited has secured a farm-in agreement to acquire up to 70% of a highly prospective exploration license adjacent to its Kulin Gold Project, setting the stage for drilling in FY26 to unlock new gold targets.

Kula Gold reports standout high-grade gold intercepts up to 31.3 grams per tonne from ongoing drilling at its Mt Palmer project, advancing the asset toward a potential resource estimate.

Marmota Limited has received ministerial approval for a 90% stake in the Golden Moon JV tenements, consolidating its hold on prime gold assets in South Australia’s Gawler Craton. This move strengthens its position alongside the Aurora Tank discovery, setting the stage for expanded exploration and potential low-cost gold production.

EV Resources has appointed Miguel Barahona as President of its Mexican subsidiary to lead the restart of the Los Lirios open pit antimony mine, signalling a strategic push to advance its operations in Oaxaca.

Triangle Energy's joint venture partners Echelon Resources and Strike Energy have withdrawn from key Perth Basin permits, prompting the company to seek new collaborators to continue its exploration program.

Lendlease has completed the $235 million sale of its 70% stake in Capella Capital to Sojitz Corporation, advancing its broader $2.5 billion capital recycling strategy aimed at simplifying the group and focusing on core Australian operations.

Novo Resources has outlined a strategic exploration plan for the second half of 2025, focusing on high-grade gold and antimony prospects in Western Australia's Pilbara region, with maiden drilling programs set to commence.

Fletcher Building and its joint venture partner have resolved a longstanding dispute with NZTA over COVID-19 and weather-related delays on the Puhoi to Warkworth motorway, resulting in a $16.4 million EBIT loss in FY25 but securing $56 million in cash proceeds.

Lachlan Star and Cullen Resources report promising initial gold assay results from reconnaissance drilling at the Killaloe Project near Norseman, WA, highlighting new mineralised structures and potential for further discoveries.

EV Resources appoints two seasoned mining executives to its board and secures AU$650,000 in placement funding to advance the restart of its Los Lirios Antimony Mine in Mexico, signaling a sharpened strategic focus.