Latest Refining News

Iron Bear Resources has strengthened its financial position with fresh funding from Vale and a significant share sale, while progressing its flagship iron ore project in Canada amid positive government engagement.

Kalamazoo Resources has reported a significant upgrade to its Mt Olympus underground gold resource alongside a robust scoping study and the commencement of a pre-feasibility study, supported by an $8 million capital raise.

North Stawell Minerals has reported promising diamond drilling results at its Darlington Prospect, reinforcing its status as a key target within the Stawell Mineralised Corridor. The company also secured $900,000 in new funding to support its 2026 exploration plans.

Clean TeQ Water Limited reported strong operational progress in Q2 FY26, highlighted by a $19 million contract with Rio Tinto and a successful $6 million capital raise. The company is advancing multiple water treatment and critical minerals projects globally.

Accent Resources NL reports steady progress on its Magnetite Range Project pre-feasibility study, confirming high-grade magnetite concentrate, while maintaining stable gold resources at Norseman and holding nearly $10 million in cash.

Pacific Resources Limited (ASX, PXR) has executed a 19-month option to acquire the high-grade Eastern Victorian Goldfields Project, while progressing exploration at its Tasmanian assets and completing a $1.5 million placement.

Renascor Resources has marked significant progress in constructing its government-backed Purified Spherical Graphite demonstration facility while advancing exploration and upstream optimisation, maintaining a robust cash position of approximately A$97 million.

Tennant Minerals has announced its first high-grade copper-gold Mineral Resource Estimate for the Bluebird discovery, alongside a new drilling program targeting gold extensions. The company also advances a regional processing alliance, setting the stage for further development.

5E Advanced Materials has successfully priced an upsized and oversubscribed US$36 million public offering, aiming to accelerate its boron and lithium development projects. The capital raise underscores investor confidence as the company advances its clean energy materials strategy.

Enterprise Metals has reported encouraging drilling results from its Vulcan Prospect in Western Australia, revealing significant gold mineralisation and evidence of a substantial copper-zinc-gold system. The findings support ongoing exploration efforts backed by government funding.

Audio Pixels Holdings Limited reported a $7.2 million loss for the half-year ending June 2025, while making significant strides in refining its MEMS digital loudspeaker fabrication process and securing a $6 million loan facility.

Gibb River Diamonds has progressed mining operations at its Edjudina Gold Project with ore processing underway and first cash proceeds expected early this year. Despite a pit wall incident, operations resumed smoothly under a joint venture with BML Ventures.