Latest Mining Joint Ventures News

Javelin Minerals has launched a targeted drilling campaign at its Eureka Gold Project in WA, aiming to extend high-grade gold mineralisation and capitalise on a newly expanded mining lease. The company is poised for near-term production under a joint venture with MEGA Resources.

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.

Gibb River Diamonds has received a $7 million profit share from its Neta Gold Mine joint venture and is set to begin a new drilling program at its Edjudina Gold Project in April 2026.

Auric Mining has received the final $2.2 million cash distribution from its Jeffreys Find Gold Mine joint venture, bringing total cash returns to $16.5 million and significantly strengthening its financial position.

Variscan Mines updates the market on earn-in negotiations for its Irish Zinc assets, clarifying no defaults by partners and signalling a revised timeline for key agreement conditions.

Jupiter Mines Limited reported a 15.7% rise in profit after tax for HY2026, driven by its stake in the Tshipi manganese mine and a key joint venture deal with Exxaro Resources. The company navigates production challenges and market shifts while preparing for a dividend decision.

Newmont Corporation’s 2025 Annual Report reveals a robust financial performance driven by higher gold prices and portfolio optimisation, alongside significant progress in key development projects and sustainability initiatives.

DeSoto Resources has confirmed high-grade gold mineralisation in maiden drilling at its expansive Siguiri Basin projects in Guinea, backed by a strong treasury and a US$12.5 million funded alliance with Fortuna Mining.

Nex Metals Explorations has agreed to sell its 20% interest in the Arika Joint Venture for $2.5 million cash plus shares in Arika Resources, refocusing on its Kookynie Tailings Project and new opportunities in Egypt’s Eastern Desert.

Nex Metals Explorations advances its Kookynie Gold Tailings project while negotiating a potential divestment of its Arika Joint Venture stake and exploring strategic gold opportunities in Egypt's Eastern Desert.

Macro Metals Limited has advanced its strategic position by securing export access at Utah Point and acquiring a 27.3% stake in the Extension Iron Ore project, setting the stage for growth in FY26.

Nagambie Resources and Alkane Resources have entered a binding agreement for a joint venture that could see Alkane invest up to $27.5 million to earn an 80% stake in Nagambie's key mining tenements, leveraging Alkane’s existing processing infrastructure to accelerate production.