Latest Refining News

Omega Oil and Gas has locked in Helmerich & Payne’s FlexRig® 648 to power an expanded 2026/27 drilling campaign in Queensland’s Taroom Trough, aiming to unlock a vast unconventional oil and gas resource.

Osmond Resources reports promising preliminary testwork results from its Orión EU Critical Minerals Project in Spain, highlighting high-grade zircon and monazite concentrates with strong recovery rates. The company advances towards a scoping study and further beneficiation testing.

Iceni Gold has identified a high-priority gold target at Goose Well within its 14 Mile Well Project, confirming significant mineralisation through historic drill resampling. A 23-hole reverse circulation drilling campaign is set to begin in late March 2026 to test the system's potential.

Leeuwin Metals reports promising step-out drilling results at its Evanston prospect within the Marda Gold Project, revealing shallow gold mineralisation beyond existing resources and signalling potential for resource expansion.

Golden Deeps has identified three significant sulphide targets at its Graceland prospect in Namibia, with maiden drilling revealing exceptional grades of copper, silver, zinc, germanium, and antimony. These findings bolster the company’s ambition to replicate the world-class Tsumeb deposit nearby.

Yari Minerals has validated the high quality of coal at its Rolleston South project, revealing low ash and sulphur levels that promise strong market appeal and underpin a substantial resource base.

Nordic Resources has launched a fresh 3,000-metre diamond drilling campaign at its Kopsa and Kiimala Trend gold projects in Finland, aiming to refine resource estimates and unlock further exploration potential.

WA1 Resources reports exceptional high-grade niobium intersections at its Luni Niobium Project, setting the stage for a significant Mineral Resource Estimate update due in June 2026.

Manuka Resources has locked in a US$30 million senior secured loan facility with Nebari to refinance debt and fund production at its Wonawinta and Canbelego mines, positioning itself to capitalise on the current precious metals cycle.

Findi Limited has raised A$25 million through an institutional placement to refinance its Indian subsidiary’s balance sheet, reduce debt, and accelerate its ATM rollout and digital payments growth.

Noronex Limited has launched a detailed ground gravity survey over its Cgae Cgae Copper-Silver Project in Botswana, following a recent scout drilling campaign. This marks a key step in refining exploration targets beneath the Kalahari cover.

Patriot Resources has completed the acquisition of the Tassa Silver-Gold Project in Peru, unveiling a maiden inferred resource of 31.4 million ounces silver equivalent at impressive grades. The company plans an aggressive drilling campaign to unlock further growth potential.