Latest Joint Ventures News

SGH Ltd (ASX:SGH) reported a 1% rise in underlying EBIT to $1.55 billion for FY26, driven by margin gains at Boral and WesTrac, alongside a disciplined capital allocation strategy including a $500 million on-market buy-back.

Millennium & Copthorne Hotels New Zealand (NZX:MCK) reported a 12% revenue increase and a 58% rise in profit before tax for the first half of 2026, driven by hotel refurbishments and growing room availability despite softer property sales.

MRG Metals has secured $800,000 through a placement and board commitment to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and advance exploration in Mozambique.

GoldArc Resources has cleared the last regulatory hurdle for its Mt Stirling gold project, enabling development to proceed under a 50/50 profit-share partnership with BML Ventures.

Broken Hill Mines (ASX: BHM) has delivered a suite of high-grade silver, lead, zinc, copper, and gold intercepts from recent drilling at its Pinnacles Mine open pit area, underpinning ongoing mining operations and a planned resource upgrade by year-end.

Wide Open Agriculture (ASX: WOA) has taken a significant step towards a capital-light production model by signing a non-binding framework agreement with Proeon Foods for contract manufacturing of its lupin-based ingredients, including exclusive Indian distribution rights.

Stavely Minerals has released a comprehensive Scoping Study for its Thursday’s Gossan and Cayley Lode deposits in western Victoria, outlining a 13-year open pit copper-gold-silver operation with strong financial metrics and a 4Mtpa processing plant.

Venus Metals Corporation is returning $35 million to shareholders via a special cash dividend funded by the recent sale of its Youanmi Gold Project royalty to Franco-Nevada. The dividend is largely franked and follows an earlier in-specie distribution of Rox Resources shares.

Elevate Uranium has pushed back the closing date for acquiring an additional 5% of Marenica Minerals, aiming to raise its ownership in the Marenica Uranium Project to 90%. This move follows a prior 10% acquisition, consolidating the company's control over a key Namibian asset.

Ozz Resources reported a $1.06 million loss for FY2025, deepening net liabilities and maintaining voluntary ASX suspension while advancing key exploration projects in Western Australia.

Charter Hall Retail REIT's FY26 statutory profit soared 78% to $389.4 million, driven by a $305 million portfolio valuation uplift and a strategic pivot to convenience net lease retail assets. Distributions rose 3.3% amid a debt refinancing that lowered margins and extended maturities.

Tivan Limited has engaged ICA Natural Resources to lead the debt financing phase for its Speewah Fluorite Project, advancing the path to a Final Investment Decision amid secured equity backing and ongoing feasibility work.