Latest Refining News

Tempest Minerals has agreed to acquire a 145km² advanced gold portfolio in New Zealand’s North Island, unlocking multiple drill-ready targets in a prolific gold province. The $2 million all-scrip deal includes performance milestones tied to exploration success.

Terra Metals has reported significant expansion of its PGM-Cu-Ni sulfide system at the Southwest Prospect within the Dante Project, alongside the discovery of a large iron-oxide-apatite polymetallic system, underscoring the project's growing mineral potential.

Patriot Resources has confirmed strong silver recoveries averaging 85% from historical testwork at its Tassa project in Peru, underpinning a maiden JORC Inferred Resource of 31.4 million ounces silver equivalent. An independent metallurgical review is underway to refine recovery assumptions and support future resource upgrades.

Entropy Neurodynamics has received a $1.73 million R&D tax incentive refund from the Australian Government, reinforcing its clinical development of an intravenous psilocin treatment for neuropsychiatric disorders.

Kuniko Limited reports promising early diamond drilling results at its Commonwealth-Silica Hill Project in NSW, confirming significant sulphide mineralisation and extending known zones. Backed by a $3.75 million placement, the company is fast-tracking a larger Phase 2 drilling campaign to expand resource validation and explore new targets.

Ovanti Limited has terminated its SPAC transaction with Miluna Acquisition Corp, shifting focus to alternative NASDAQ listing opportunities better aligned with its U.S. expansion strategy. The company is strengthening leadership and accelerating its U.S. growth plans.

Auravelle Metals has launched a comprehensive exploration campaign at its Nuckulla Hill Project, including a detailed aerial magnetic survey and upcoming drilling to expand gold mineralisation at the Sheoak prospect.

Critical Resources Limited has successfully demonstrated a solvent-free Dry Supersonic Deposition method to fabricate lithium iron phosphate cathodes, marking a significant step toward scalable, energy-efficient solid-state battery manufacturing.

Aurum Resources reports multiple broad, shallow, high-grade gold intercepts from its 30,000m drilling program at the Napié Gold Project in Côte d’Ivoire, underpinning an imminent resource update and growth strategy. The company’s dual-asset approach and strong balance sheet position it for a pivotal transition from explorer to developer in 2026.

Altair Minerals has expanded the South Oko W1 gold soil anomaly to over 2.2 kilometres in strike length, confirming it as the largest coherent >100ppb gold anomaly on the Oko Shear Contact and setting the stage for imminent drilling.

Ore Resources has initiated a 1,000-metre diamond drilling program at its Forrest prospect, aiming to deepen geological insights and expand gold resources within its Coolgardie Gold Project. This follows a successful reverse circulation drilling phase and sets the stage for a comprehensive 30,000-metre exploration campaign across 2026.

Magnetic Resources NL reveals improved metallurgical testwork results for its Lady Julie North 4 gold deposit, showcasing a simpler, more cost-effective processing method that enhances gold recovery.