Latest Joint Ventures News

GBM Resources has received the initial $400,000 payment from Lithium Energy as part of a staged $3.2 million sale of its Mt Morgan Gold-Copper Project, marking a key step in its strategic asset divestment.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.

Hansen Technologies has raised its FY25 profitability outlook, driven by operational efficiencies and early powercloud profits, despite a slight revenue timing shift. The company also secured major new contracts across Europe and the US.

RBR Group Limited has launched a Share Purchase Plan to raise up to $650,000, offering eligible shareholders shares at a notably low price of $0.001 each. The funds will support a joint venture, repay convertible notes, and bolster working capital.

Argosy Minerals has reached a key agreement to develop a 40MW energy infrastructure for its Rincon Lithium Project in Argentina, paving the way for expanded lithium production and enhanced project viability.

Antilles Gold has taken a major step forward in developing its Nueva Sabana copper-gold mine by signing a non-binding Letter of Intent with Chinese firm Xinhai for a $26 million EPC contract and $16 million in project financing. The agreement also includes a strategic $4.1 million share placement, signaling deeper collaboration and governance involvement.

IGO Limited has announced its withdrawal from the Fraser Range Joint Venture, leaving Carawine Resources with a critical decision on the remaining tenement. Meanwhile, Carawine updates on a key legal battle over a compulsory acquisition by major shareholder QGold.

GTi Energy has raised $2.5 million from the first tranche of a $4.5 million placement to fund drilling at its Lo Herma uranium project, with key permits expected in August and a strategic investment from Snow Lake Energy pending shareholder approval.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Galileo Mining is set to begin a 5,000-metre aircore drilling campaign at its Norseman project, targeting high-grade palladium and platinum zones to expand its existing resource base.

Miramar Resources has initiated reverse circulation drilling at the 8 Mile target within its Gidji JV Project, aiming to explore northern extensions of the adjacent 8-Mile Dam gold deposit. Supported by a drill-for-equity deal, this campaign could redefine the gold potential near Kalgoorlie.

Bryah Resources has signed a binding option to acquire the high-grade Golden Pike gold project in Canada, while appointing Greg Hill as its new CEO to steer exploration and development efforts.