Latest Joint Ventures News

Athena Resources has entered a strategic joint venture with Terra Mining and Fenix Resources to accelerate development of premium magnetite concentrate at the Narryer Prospect, aiming for production by early 2028.

Native Mineral Resources (ASX: NMR) has updated its drilling results at the Podosky deposit in Queensland, confirming shallow, high-grade gold mineralisation that supports near-term open-pit mining plans. Mining activities are targeted to commence in April 2026.

Clover Corporation has reported a robust first half for FY26, with revenue climbing 17% and margins expanding significantly, underpinning a confident revenue forecast for the full year.

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.

Power Minerals has signed a non-binding Term Sheet with Summit Explore to jointly develop the Salta Lithium Project in Argentina, aiming to deploy cutting-edge direct lithium extraction technology across multiple salars.

The Speewah Fluorite Project in Western Australia has been officially recognised by the Japanese and US governments as a critical minerals supply chain asset, signalling strong international support and potential financial backing.

Triangle Energy has secured joint funding with Tetragon and Winchester Energy to undertake a strategic exploration study in Indonesia, potentially paving the way for a new production sharing contract.

LCL Resources has secured a transformative farm-in deal with Rio Tinto, which could see the mining giant earn up to an 80% stake in the promising Ono Project through substantial exploration funding and milestone payments.

Winchester Limited has partnered with Triangle Energy and Tetragon Energy in a joint study for offshore Indonesian oil and gas exploration, securing an option to acquire a 24.5% interest in any awarded Petroleum Sharing Contract.

Ardea Resources’ Kalgoorlie Nickel Project has been formally recognised in the Japan–US Critical Minerals Joint Fact Sheet, highlighting its strategic role in securing nickel and cobalt supply chains. This inclusion underscores growing international cooperation and significant funding commitments for the project’s development.

St Barbara Limited is on track to complete key transactions with Lingbao Gold Group and Kumul Mineral Holdings, unlocking A$370 million in cash and advancing the New Simberi Gold Project.

S2 Resources has identified significant gold-arsenic and gold-antimony soil anomalies at its Silver Spoon project in Victoria, signalling promising exploration potential near major regional mines.