Latest Refining News

Ionic Rare Earths has expanded its capital raising to $15.6 million, driven by a $3 million strategic investment from US firm Argentem Creek Partners and strong shareholder support. The funds will accelerate projects across magnet recycling, rare earth refining, and US supply chain development.

Native Mineral Resources reports a successful ramp-up of gold production at its Blackjack plant, delivering nearly 700 ounces of refined gold and securing $10 million in fresh capital to fuel ongoing operations and exploration.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.

Enero Group reports improved profitability in FY25 despite revenue decline, driven by divestment and AI innovation, with FY26 Q1 EBITDA up 13%.

MyEco Group reported a modest 2% rise in Q1 FY26 sales, driven by a doubling in council and waste channel revenues despite ongoing headwinds from U.S. tariff changes impacting white label sales.

AuMEGA Metals has identified a significant new gold corridor at Cape Ray West, marked by high-grade gold-in-till anomalies linked to an untested felsic intrusive complex. The company is preparing for fully funded drilling in late 2025 to explore these promising targets.

Mt Malcolm Mines NL has reported strong assay results from its recent drilling at the Picnic South Gold Prospect, revealing broad intervals of consistent gold mineralisation along a 700m strike. These findings enhance confidence in the project's potential for low-cost open pit mining.

Eclipse Metals has commenced diamond drilling at its Greenland rare earth project, backed by a $4 million placement to expand and upgrade its resource. The move aligns with strategic plans for a Nasdaq dual listing amid growing global supply chain concerns.

Moho Resources has reported new high-grade gold assays up to 6.98g/t at its Bush Chook Project in Western Australia, extending a mineralised trend to 300 metres and setting the stage for a maiden drill program later this year or early next.

Ordell Minerals has expanded the main gold mineralisation zone at its Barimaia Project in Western Australia to 700 metres of strike, delivering strong step-out drilling results including high-grade intercepts. Diamond drilling results are awaited, with new targets identified west of McNabs.

Alkane Resources reports a robust 9.8 million ounce gold resource base in New South Wales as of June 2025, with ongoing underground mining at Tomingley and development progress at Boda-Kaiser.

Archer Materials has achieved critical milestones in its carbon-based quantum technology, including wafer-scale synthesis and reproducible device performance, setting the stage for operational qubits by mid-2026.