Latest Refining News

Salt Listed Funds released its 2026 annual report highlighting governance changes, investment policy updates including Treasury Units and Carbon-Related Businesses, and a notable decline in the Carbon Fund’s unit price over the year.

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.

Mithril Silver and Gold has upgraded its Target 1 resource at the Copalquin project, delivering a 196% increase in indicated ounces and incorporating mining dilution to better reflect practical extraction scenarios.

North Stawell Minerals (ASX:NSM) has uncovered promising extensions to gold mineralisation at its Caledonia Prospect through a detailed 412-sample surface geochemistry program, highlighting untested anomalies and reinforcing the site’s high-grade potential.

EV Resources has verified continuous high-grade antimony mineralisation reaching 25.2% Sb at its Los Lirios Antimony Project through systematic underground channel sampling, underpinning plans for a maiden JORC Resource by year-end.

Cauldron Energy has updated its Yanrey Uranium Project exploration target, expanding the prospective uranium resource range to between 89.7 and 269 million pounds of uranium oxide, excluding its existing 55 million pounds resource base.

Papyrus Australia reached a key production milestone by delivering 200 biodegradable Collar Keeper® samples to TBS Mining Solutions, confirming its manufacturing scalability. The company’s May cash flow shows a steady funding runway amid ongoing R&D and commercialisation efforts.

Benz Mining's drilling at Glenburgh's Hurricane Camp reveals thick, high-grade gold mineralisation linking key zones and extending the deposit down-plunge by over 400 metres, boosting the project's growth potential.

Infinity Mining has flagged significant concerns over the historical copper resource estimate at its Cangai Project, prompting a comprehensive revision expected within three months.

Heavy Rare Earths Limited has initiated a strategic review of its Cowalinya rare earth project, focusing on heavy rare earth oxides critical for energy and defence sectors. The review aims to unlock value from high-grade zones within a substantial JORC resource through expert reinterpretation and targeted metallurgical testing.

New Age Exploration (ASX: NAE) has revealed a significant new shear-hosted gold discovery at its Lammerlaw Project in New Zealand, with drill hole LAMRC015 intersecting 24 metres at 1.66 g/t Au. This breakthrough expands the potential of the Lammerlaw Mineral Trend, a 5-kilometre prospective zone hosting multiple metals.

Hillgrove Resources has uncovered significant copper-gold mineralisation extending more than 100 metres below previous depths at the Kanmantoo Copper Mine, marking the deepest recorded intersection to date and reinforcing resource growth potential.