Latest Refining News

Middle Island Resources has initiated its first reverse circulation drilling campaign at the Bobija Project in western Serbia, aiming to unlock polymetallic gold, silver, copper, lead, and zinc mineralisation beneath a historic open pit mine. This drilling marks a key step in advancing the company’s strategic acquisition of Konstantin Resources and its foothold in a prolific mineral province.

OD6 Metals has initiated Phase 2 drilling at its Gulf Creek Copper Project in NSW, aiming to explore large geophysical anomalies and untested prospects that could expand on previously confirmed high-grade copper mineralisation.

Aureka’s latest drilling at the Irvine Project in Victoria has intercepted visible gold across multiple holes, hinting at significant high-grade potential and the prospect of expanding its current inferred resource.

Ionic Rare Earths has raised $15.6 million through a heavily oversubscribed rights issue and placement, anchored by a $3 million strategic investment from U.S.-based Argentem Creek Partners. The capital will fund the company’s global expansion in magnet recycling and rare earth supply chain development amid rising geopolitical tensions.

Loyal Metals has launched AI-enhanced drilling at its Highway Reward Copper-Gold Mine, leveraging cutting-edge technology to target high-grade mineralisation and accelerate exploration.

Marmota Limited reports exceptional high-grade gold intersections from its maiden drilling program at the Greenewood discovery in South Australia, with detailed 1-metre assays underway to refine the promising results.

Golden Deeps Ltd reports exceptional high-grade copper, silver, and germanium results from its Graceland Prospect in Namibia, reinforcing its potential as a critical metals hub and advancing plans for targeted drilling.

Canterbury Resources is on the cusp of completing a pivotal scoping study for its Briggs Copper Project, while deep drilling advances to unlock higher-grade mineralisation. The company also moves forward with new exploration initiatives and a share purchase plan to bolster funding.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis Prospect with broad mineralisation over a 2.2km strike. Diamond drilling is set to commence imminently to further define the system.

Marvel Gold has launched a comprehensive 5,400 line-kilometre drone-borne magnetic survey over its Hanang Gold Project in Tanzania, aiming to sharpen geological models and pinpoint new drilling targets.

Kinetiko Energy and FFS Refiners have formalised a joint development agreement to co-develop a pilot LNG plant at Brakfontein, marking a significant step in South Africa’s energy transition. The initial phase involves co-funded drilling and gas testing with plans to scale LNG production substantially.

TMK Energy reports a significant 60% increase in gas production at its Gurvantes XXXV Pilot Well Project in September 2025, driven by improved drilling techniques and strategic reservoir management despite operational challenges.