Latest Mining Joint Ventures News

Emmerson Resources and Tennant Mining have formalised the White Devil Gold Project as a Major Mine JV, with Emmerson retaining a 40% contributing interest. Meanwhile, the Golden Forty deposit shifts to a Small Mines JV, providing Emmerson with a royalty stream.

First Au Limited’s maiden joint venture drilling at the Nimba Gold Project in Liberia has extended the high-grade gold mineralisation at the Ziyatoyah Prospect, with assays pending from initial drill holes.

Snow Lake Energy has completed its strategic investment in American Uranium Limited, acquiring a 9.9% stake and board representation, strengthening ties between adjacent uranium projects in Wyoming amid a U.S. nuclear energy resurgence.

Miramar Resources’ recent VTEM survey at Bangemall reveals multiple large electromagnetic conductors with promising Noril’sk-style nickel-copper-PGE potential, while a joint venture with Sumitomo Metal Mining moves closer to formalisation.

Great Divide Mining has successfully raised $1.335 million through convertible loan notes, signaling strong investor confidence as it advances the Challenger Gold Mine joint venture.

Impact Minerals has entered a joint venture with Kuniko Limited to advance the Commonwealth gold-silver-copper project in New South Wales, retaining a 30% free carried interest while focusing on its Lake Hope High Purity Alumina project.

Jupiter Mines Limited reported a modest rise in net profit to $40.1 million for FY2025, supported by strong joint venture earnings and increased marketing fees. The company declared a final dividend as manganese prices stabilized after early-year volatility.

Gold Road Resources reports a robust half-year profit surge driven by higher gold prices and sales, while advancing a proposed acquisition by Gold Fields with a shareholder vote set for September.

Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.

Great Divide Mining disputes the validity of a Deadlock Notice issued by Adelong Gold over their Challenger Gold Mine joint venture, asserting the annual plan was properly approved and no deadlock exists.

Adelong Gold has formally issued a Deadlock Notice to Great Divide Mining, citing fundamental disagreements over the approval of the Challenger Gold Mine’s first annual programme and budget. The dispute raises questions about the joint venture’s path forward amid conflicting claims on production targets and technical assumptions.

Great Divide Mining disputes Adelong Gold’s claim that their joint venture’s first annual programme and budget were not approved, setting the stage for a potential legal showdown.