Latest Refining News

Meteoric Resources has secured the crucial SEMAD licence to build and operate a rare earth pilot processing facility in Brazil, marking a pivotal step for its Caldeira Project. Construction is set to begin immediately, with operations expected by late October 2025.

Ora Banda Mining reports exceptional drill results from the Waihi deposit, revealing a new gold lode and significant depth extensions that strengthen the case for a third underground mine at the Davyhurst Project.

Norwood Systems has refinanced its remaining Balmain loan with a new short-term unsecured facility, eliminating default interest risks and setting clear repayment dates.

Australian Gold and Copper Ltd reports standout near-surface gold and silver assay results from its Achilles discovery in NSW, highlighting significant potential for resource expansion amid robust metal prices.

Calix Limited has inked a pivotal MOU and testing agreement with a leading aluminium company to advance its electric calcination technology, aiming to revolutionize alumina production with near-zero emissions.

Manhattan Corporation has completed its maiden fieldwork at the Hook Lake Project in Nunavut, revealing extensive mineralized outcrops and preparing for a maiden drilling campaign in 2026. Assay results and a pioneering magnetic survey are set to unlock further exploration potential.

Novatti Group has offloaded its Emersion business to CGP Equity for $500,000, marking a strategic pivot to concentrate on its core payments infrastructure in Australia and New Zealand.

Mandrake Resources has completed detailed mapping of the Precambrian basement at its Utah Lithium Project, revealing structural features that could concentrate lithium-rich brines. This milestone advances a brine flow modelling study aimed at pinpointing high-grade lithium zones within a 3.3Mt inferred resource.

Argenica Therapeutics has reported positive Phase 2 trial results for ARG-007 in acute ischemic stroke patients, confirming safety and revealing a promising efficacy signal in a high-risk subgroup with slow collateral blood flow.

Arika Resources has reported exceptional high-grade gold intercepts at its Yundamindra Gold Project, confirming significant mineralisation growth and promising extensions along the ‘Yellow Brick Road’ corridor.

Noronex Limited has identified several promising uranium and thorium anomalies at its Etango North project in Namibia, validating prior AI models and setting the stage for drilling later this year.

Astral Resources reports strong assay results from in-fill drilling at the Iris Deposit within its Mandilla Gold Project, revealing high-grade gold intercepts that support an upcoming resource upgrade and ongoing feasibility studies.