Latest Joint Ventures News

Blue Star Helium reports substantial progress on its Galactica helium facility, maintaining its target for first production in December 2025. Key construction and equipment milestones have been achieved, signaling a critical phase in the project’s development.

88 Energy Limited updates on its Alaska-based Project Phoenix, announcing a fully funded horizontal well and extended flow test scheduled for Q3 2026, backed by joint venture partner Burgundy Xploration LLC. The project is positioned for first production as early as 2027 amid a resurgence in North Slope activity.

Delorean Corporation has teamed up with Paper Australia (Opal) to explore a renewable energy project at the Maryvale Paper Mill, aiming to convert organic waste into green gas and electricity through anaerobic digestion.

Synertec has secured a pivotal contract to supply its zero-emission Powerhouse system to Shell QGC’s Coal Seam Gas operations in Queensland, marking a significant step in industrial decarbonisation.

Greenvale Energy has partnered with Sunrise Energy Metals’ subsidiary SRL Hot Rocks to advance the Millungera Basin geothermal project through a $5 million Farm-in agreement, unlocking significant clean energy potential in north-west Queensland.

Nex Metals Explorations reported no exploration spending in Q1 FY26 but made significant strides by finalising a profit-sharing deal for its Kookynie project and entering Egypt’s Eastern Desert mining scene.

Macquarie Technology Group unveiled ambitious plans to expand its AI-optimised data centre footprint, supported by a $450 million debt facility and strong growth across its cloud, government cybersecurity, and telecom divisions.

Monadelphous has reported a record-breaking year with $2.3 billion in new contracts and a strong financial performance, underpinned by strategic acquisitions and growth in energy transition sectors.

Legacy Minerals reports significant progress across its exploration portfolio, with Earth AI completing a major earn-in at Fontenoy and Rio Tinto gearing up for a deep geophysical survey at Thomson. Ongoing drilling and partner commitments highlight the company’s potential for new discoveries.

Adelong Gold Limited refutes claims by Great Divide Mining of a binding agreement to resolve their Challenger Mines joint venture dispute, leaving the matter unsettled and market watchers cautious.

Astron Limited has sold a significant portion of its Energy Fuels shares, generating A$15.2 million to bolster financial flexibility as it advances the pivotal Donald Project towards production.

High-Tech Metals Ltd has reported metallurgical test results from its Mt Fisher Gold Project confirming high gold recoveries of up to 92.8%, supporting near-term development plans and joint venture processing opportunities.