Latest Joint Ventures News

AMP Limited reported a 9.2% rise in underlying NPAT to $131 million for the first half of 2025, driven by growth in wealth management cashflows and cost efficiencies. The company declared a 2.0 cents per share interim dividend and reaffirmed its full-year guidance amid ongoing digital banking expansion and AI integration.

Tivan Limited’s Speewah Fluorite Project has secured a $2 million second instalment from the Australian Government’s IPCM grant, boosting joint venture efforts to progress feasibility studies ahead of a final investment decision.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

Critical Resources Limited has executed binding agreements to acquire a strategic gold-antimony portfolio in New Zealand’s Otago and Reefton regions, including the drill-ready Cap Burn project near OceanaGold’s Macraes mine. This low-cost entry into a Tier-1 jurisdiction offers promising exploration upside supported by recent geological analogues and regulatory reforms.

Centuria Industrial REIT (ASX, CIP) reported solid FY25 financial results with robust occupancy and earnings growth, setting the stage for higher distributions and continued development in FY26.

Gibb River Diamonds has received the crucial Mining Proposal Permit for its Neta Gold Prospect, setting the stage for mining operations to begin with equipment mobilisation planned for August 2025.

AuKing Mining is accelerating feasibility work on reprocessing gold tailings at the historic Tick Hill mine, aiming to unlock early cash flows and support broader project development.

Charter Hall Long WALE REIT reports a $118.3 million statutory profit for FY25, reversing last year's heavy loss, while maintaining stable distributions and actively managing debt facilities.

Vmoto reports a sharp 44% decline in 2Q25 sales driven by China’s slowdown but counters with strategic UK investment and a new Uber partnership to electrify European delivery fleets.

Pinnacle Investment Management Group Limited has delivered a robust financial performance for FY2025, with revenues and profits soaring and dividends increasing, signaling strong momentum in the asset management sector.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

FMR Resources has completed due diligence and a $2.2 million placement to earn a majority interest in Southern Hemisphere Mining’s Llahuin Copper-Gold Project, setting the stage for drilling at a promising porphyry target later this year.