Latest Refining News

Clara Resources is set to kick off a maiden drilling campaign at its Mareeba Gold Project, marking the first drilling activity since the late 1980s. The program, fully funded by a $1.165 million placement, targets historic high-grade gold zones and aims to establish a maiden JORC Mineral Resource.

Andromeda Metals has secured $3.04 million through a Share Purchase Plan and placement, aiming to advance its High Purity Alumina project and complete a Pre-feasibility study.

Magnetite Mines has unveiled a revamped scoping study for its Razorback Iron Ore Project, introducing key design changes to reduce capital costs and boost project viability. The company is also actively pursuing funding options including royalty arrangements and strategic partnerships.

Right Resources has boosted its Blue Prospect gold target with a standout 5.16 g/t rock-chip assay, refining a 4 km gold corridor and setting the stage for maiden drilling in September.

Anson Resources has locked in a substantial $194 million business incentive from the Utah Inland Port Authority to support its Green River Lithium Project, underpinning the financing of its planned 10,000tpa lithium carbonate plant.

Turnstone Resources has secured A$1.1 million through a two-tranche placement priced at a premium to the last trade, aiming to fast-track exploration in Sweden and review German potash assets.

Neometals reports significant gold intersections from recent drilling at its Barrambie Gold Project, confirming a high-grade plunging corridor at Ironclad and outlining plans for diamond drilling to test deeper extensions.

Eclipse Metals' latest testwork confirms that up to 94% of neodymium and praseodymium are locked in identifiable REE minerals at Grønnedal, underpinning a promising beneficiation strategy ahead of flotation trials.

PTR Minerals’ preliminary mine optimisation study for the Rosewood Titanium Project highlights the potential to tap exceptionally high-grade zones early in production, boosting cashflow and reducing upfront costs. Metallurgical tests suggest simpler, lower-cost processing options could yield high-quality titanium products.

Ionic Rare Earths (ASX: IXR) and US Strategic Metals have agreed to a 50-50 joint venture to develop rare earth magnet recycling facilities at a fully permitted Missouri site, backed by US$100 million in funding.

Noronex Limited has kicked off its first modern exploration program at the Sleitat Tin Project in Alaska, deploying detailed geophysical surveys and fieldwork to refine targets ahead of a planned 2027 drilling campaign.

Anax Metals is upgrading its Whim Creek Heap Leach Scoping Study to a Feasibility Study, aiming to unlock additional value from low-grade copper and zinc ores alongside its strong concentrator project.