Latest Refining News

Bindi Metals’ maiden drilling at Serbia’s Ravni Project reveals significant high-grade gold and silver mineralisation, validating a large epithermal system with further assay results pending.

Lithium Universe Limited (ASX: LU7) has reported laboratory success for its licensed GCDE technology, achieving over 99% gold recovery and 97% purity from chloride solutions and e-waste, positioning it as a greener alternative in precious metals extraction.

Elk Range Mining (ASX: ELK) has kicked off its first-ever 2,850-metre diamond drilling campaign at the Friday Gold Mine in Idaho, aiming to confirm historical high-grade gold and expand resource potential using existing infrastructure.

Kuniko Limited has fast-tracked its acquisition of a 51% stake in the Commonwealth-Silica Hill gold-silver-copper project, achieving the earn-in milestone over a year early and setting the stage for resource expansion and district-scale exploration.

Legacy Minerals has pinpointed multiple strong, blind chargeability anomalies at its Mascotte Prospect, signalling fresh gold-silver opportunities outside its existing 1.6 million ounce resource. Drilling is now active to test these high-priority sulphide targets.

Ore Resources Ltd has unveiled promising assay results from 290 aircore drill holes at its Coolgardie Gold Projects, reinforcing the Miriam Shear Zone as a fertile gold system and highlighting new prospects at Burbanks East. The company plans an aggressive follow-up drilling campaign in Q4 2026 alongside ongoing lithium exploration.

Koonenberry Gold has completed its acquisition of the Gundagai Gold-Copper Project, adding 485km2 to its Lachlan Fold Belt portfolio and unlocking multiple high-grade targets for near-term drilling.

Tungsten Mining has kicked off a comprehensive 20,700-metre drilling campaign at its Watershed Tungsten Project, aiming to boost geological confidence and gather critical engineering data following strong economic results.

Cosmo Metals has reported promising assay results from diamond drilling at its Kanowna Gold Project, revealing a broad 14m mineralised zone at Laguna Verde and reinforcing continuity of gold mineralisation. Additional drilling at Don Alvaro suggests structural complexity along the Kanowna Shear, supporting further exploration.

Millennium & Copthorne Hotels New Zealand (NZX:MCK) reported a 12% revenue increase and a 58% rise in profit before tax for the first half of 2026, driven by hotel refurbishments and growing room availability despite softer property sales.

Sky Metals releases a Pre-Feasibility Study confirming Tallebung's robust economics with a 7.3-year mine life, strong cashflows, and rapid capital payback, targeting mid-2028 production.

Altair Minerals has kicked off Phase I diamond drilling at North Peters, part of a fully funded 75,000m exploration program across its Greater Oko gold project in Guyana. The initial 22,600m drilling phase targets high-grade gold mineralisation with plans to expand following assay results.