Latest Joint Ventures News

Horizon Oil has approved a strategic $1.5 million investment to install a booster compressor at its Nam Phong gas field in Thailand, aiming to increase production by at least 40% by mid-2026.

Strategic Energy Resources has reported promising copper and gold intersections from its latest diamond drilling at the Canobie Project in Queensland, reinforcing the potential for a major discovery under its joint venture with Fortescue.

Astral Resources has reported significant progress in its Mandilla Gold Project, underpinned by robust drilling outcomes and a $65 million capital raise to fund development. The company is on track for a Final Investment Decision in September 2026, aiming for first gold production by the end of 2027.

Miramar Resources is set to launch a multi-commodity drilling campaign in early 2026, focusing on gold targets near Kalgoorlie and high-grade copper-lead-silver mineralisation in the Gascoyne region.

BPH Energy has raised $1.2 million through a share placement to accelerate its hydrocarbon projects and support Cortical Dynamics, ahead of a critical Federal Court hearing on its PEP-11 permit extension.

Antilles Gold has officially commenced construction on its Nueva Sabana copper-gold mine in Cuba, backed by a $35 million funding package and a $29.5 million EPC contract with Shandong Xinhai Mining. Initial gold production is targeted for early 2027, promising strong financial returns.

iTech Minerals has reported robust high-grade gold and antimony intersections from recent drilling at its Reynolds Range project in the Northern Territory, correcting historical data errors and boosting confidence in the deposit’s scale and predictability.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

S2 Resources has secured an earn-in agreement for up to 75% of the Loch Lilly-Kars project, a vast and largely unexplored multi-commodity exploration area in New South Wales with geological parallels to world-class mineral belts.

WestStar Industrial's subsidiary SIMPEC has landed a significant $11 million contract to deliver structural and mechanical works at Tianqi Lithium's Kwinana plant, reinforcing its role in Australia's energy transition.

Duratec Limited’s joint venture with Ertech has been greenlit to begin early procurement for critical infrastructure upgrades at HMAS Stirling, supporting Australia’s future submarine capabilities under the AUKUS partnership.

Monadelphous Group Limited has secured approximately $110 million in new contracts spanning resources, energy, and renewable sectors, reinforcing its foothold across Australia and Papua New Guinea.