Latest Joint Ventures News

Reward Minerals Limited has made significant strides in its potash and gypsum projects, securing a new exploration licence and progressing proprietary processing technologies, while evaluating strategic asset relocations and divestments.

Carawine Resources reports a critical quarter marked by a looming Federal Court hearing on a compulsory acquisition by major shareholder QGold, alongside a $1.7 million loan facility that underpins ongoing operations amid deferred exploration programs.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures, infrastructure planning, and social consultations, while maintaining a stable financial position.

Dart Mining has entered a $3.4 million option agreement with Infinity Lithium to divest its non-core Victorian exploration assets, enabling Dart to sharpen its focus on Queensland projects while Infinity expands in Victoria.

Terrain Minerals reports robust March quarter progress with standout gold and silver drilling results at Smokebush, alongside advancing gallium and rare earth projects and a strategic capital raise.

Canterbury Resources has reported significant advances at its Briggs Copper Project, including enhanced metallurgical recoveries and a resource upgrade, underpinning a scoping study on track for mid-2025 completion.

Triangle Energy’s Becos-1 exploration well in the Perth Basin has been plugged and abandoned after failing to find hydrocarbons in economic quantities, yet the company remains optimistic about future prospects and well-funded for upcoming ventures.

Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.

Sheffield Resources delivered a standout quarter with record mineral sands shipments and positive operating cashflow from its Thunderbird Mine joint venture, setting the stage for a significant production increase by 2027.

Woodside Energy Group Ltd reported a 115% increase in net profit after tax to US$3.573 billion in 2024 despite a 6% revenue decline, driven by record production and strategic growth in LNG and new energy sectors.

Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.

Cleanaway Waste Management Limited reported a robust first half of FY25 with double-digit EBIT growth and margin expansion, reinforcing confidence in meeting FY25 guidance and ambitious FY26 targets despite operational challenges.