Latest Refining News

Finder Energy has announced a significant upgrade to the contingent resources of its Kuda Tasi and Jahal oil fields, verified independently by RISC Advisory. This enhancement strengthens the project's development prospects and supports financing efforts ahead of a planned final investment decision in mid-2026.

Western Gold Resources reports strong early drilling results from its Gold Duke Project, confirming high-grade gold continuity and securing full funding through to production.

Corazon Mining has secured an exclusive 12-month option to acquire an 80% stake in the Feather Cap Gold Project, expanding its footprint in Western Australia's prolific Gascoyne region. The project boasts significant historical gold mineralisation and offers promising exploration upside near Corazon’s Two Pools Project.

Augustus Minerals has completed an extensive soil geochemistry program at its Music Well Gold Project, setting the stage for imminent drilling after heritage approvals. The company targets extensions of high-grade gold mineralisation beneath shallow soil cover.

Helix Resources reports metallurgical testwork results from its Gold Basin oxide-gold project in Arizona, revealing excellent gold recoveries and supporting low-cost heap-leach development potential.

Trigg Minerals has revealed a major geological breakthrough at its Antimony Canyon Project, redefining it as a district-scale high-sulfidation epithermal system with multiple high-grade drill targets within patented claims.

Haranga Resources has validated exceptional high-grade gold mineralisation at its Ibel South Gold Project in Senegal through detailed single metre assays, setting the stage for an ambitious 3,000-metre follow-up drilling campaign.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.

St Barbara Limited has secured approximately A$58 million through an institutional placement to fund its Simberi Expansion Project and advance the 15-Mile Processing Hub in Nova Scotia. This capital raise supports the company’s growth ambitions amid ongoing regulatory and operational developments.

ECS Botanics reports a positive cash flow milestone in Q1 FY26, driven by strong direct-to-consumer sales and operational efficiencies, while preparing for a European market debut.

Koba Resources has acquired exclusive rights to two historically rich tin-tungsten projects in Queensland’s Herberton Tin Field, supported by a $4.35 million capital raise to fund exploration and drilling.

EV Resources has entered a binding agreement to sell its Khartoum Project to Koba Resources for $700,000 cash plus a royalty, marking a strategic pivot towards its antimony assets and US critical minerals ambitions.