Latest Joint Ventures News

Athena Resources has kicked off a 2,900m drilling campaign at its 100% owned Narryer Project, backed by a $3.5 million placement and shareholder-approved share consolidation to streamline capital structure.

Neometals Ltd has restarted exploration drilling at its Barrambie Project in Western Australia, focusing on expanding known copper and gold mineralisation at the Rinaldi and Ironclad deposits.

Strategic Energy Resources (ASX:SER) has completed its acquisition of 100% of the Diamantina Copper-Gold Project from Anglo American, setting the stage for a maiden diamond drilling campaign targeting promising copper-gold mineralisation in northwest Queensland.

Cobalt Blue has completed a key metallurgical sampling program at its Halls Creek Project, setting the stage for an updated Scoping Study and increasing its interest to 75%.

Predictive Discovery Limited (ASX:PDI) is making a strategic US$10 million investment to acquire a 12.3% stake in Awalé Resources, targeting gold exploration growth in Côte d'Ivoire’s Odienné Project.

Admiralty Resources has pushed its Mariposa Iron Ore Project into pre-production, completed initial shipments, and raised $7 million in a rights issue, while reporting a $4 million loss for FY25 amid ongoing operational and financial challenges.

Pilot Energy Limited and its subsidiaries have appointed voluntary administrators after failing to secure necessary funding or a strategic partner for their Cliff Head Carbon Storage Project. The company’s shares remain suspended on the ASX as administrators review options to preserve stakeholder value.

Red Hill Minerals has kicked off a 1,200 metre diamond drilling campaign targeting a strong off-hole conductor at its recently expanded Anabama copper-gold project in South Australia, aiming to extend known mineralisation along a now 25-kilometre shear zone.

Synertec has expanded its Powerhouse footprint with Santos, adding two new solar-plus-storage systems to power coal seam gas wells under a high-margin BOOM model.

Pancontinental Energy progresses its Namibian PEL 87 exploration with a seismic reprocessing study and farmin discussions, while neighbouring operators report promising discoveries and development plans in the Orange Basin.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.

Blue Star Helium has dispatched its first helium production tube trailer from its Pinon Canyon Plant, marking a key milestone as the facility ramps up output and secures a new fixed-price offtake deal.