Latest Joint Ventures News

Diatreme Resources has finalised the sale of its Cape Flattery Silica Project to a joint venture with Sibelco, receiving $2.1 million in reimbursements and positioning for up to $7.4 million in total funding.

Cadoux Limited has inked a joint venture to earn up to 80% of the Wimmera Mineral Sands Project in Victoria, revealing promising high-grade drilling results at its Danube prospect. The project aims to feed Cadoux’s Minhub processing hub, targeting critical heavy rare earths supply.

Hammer Metals (ASX:HMX) has voluntarily suspended trading of its shares pending an announcement about a potential material corporate transaction that could change control of the company.

Heavy Rare Earths Limited has appointed Jason Barnett as Managing Director and CEO, aiming to leverage his extensive mining experience as the company advances its critical minerals projects and prepares for a maiden drilling campaign.

Astron Limited’s updated economic study for Phase 2 of its Donald Rare Earth and Mineral Sands Project reveals a $1.5 billion incremental pre-tax NPV8 and a mine life extended to 52 years, doubling ore throughput and reinforcing the project’s long-term strategic value.

Rimfire Pacific Mining will increase its interest in the Avondale Project to 60% after Golden Plains Resources vested its 40% stake. The project holds significant scandium deposits in NSW's Fifield District, with Rimfire set to manage the joint venture and fund future exploration alongside its partner.

Chariot Resources, through its U.S. subsidiary FMS Lithium Corporation, has significantly expanded its lithium tenure at the Resurgent project in the McDermitt Caldera, staking 573 new claims and nearly doubling its footprint amid improving lithium market conditions.

PolarX Limited confirms multiple exceptional copper assays at its Alaska Range JV, extending mineralisation and kicking off a major 10,000m drilling campaign funded by Northern Star Resources.

Galileo Mining has kicked off a targeted 5,000-metre aircore drilling campaign at its Norseman project, aiming to build on its unique Platreef-style PGM-nickel-copper resource with new sulphide discoveries.

Koonenberry Gold’s maiden diamond drilling at Postman’s Gully within the Enmore Project has confirmed substantial gold mineralisation associated with the Borah Fault, revealing promising intersections up to 12m at 1.02g/t Au and extending mineralisation open in multiple directions.

Helix Resources highlights unresolved legal and procedural issues in the Gold Basin-CANEX arrangement despite shareholder approval, underscoring ongoing court scrutiny and contested joint venture validity.

Bounty Oil & Gas NL has issued a prospectus offering over 632 million new options to eligible investors as part of a broader recapitalisation, potentially raising $6.3 million if exercised.