Latest Refining News

Hammer Metals reports promising gold mineralisation at its Yandal Gold Project and defines fresh copper-gold targets at Mount Isa, with multiple funded drilling programs underway.

Resource Minerals International Ltd has expanded its footprint in Saudi Arabia with a JV acquisition, reported promising high-grade gold assays, and secured a $5 million funding facility to advance exploration.

White Energy Company Limited has kicked off core drilling at its Specimen Hill Project in Queensland while continuing extensive geochemical exploration at its Tindal Project in the Northern Territory. Meanwhile, its innovative Binderless Coal Briquetting technology is progressing through commercial trials in South Africa.

Middle Island Resources has secured a transformational acquisition of Konstantin Resources, gaining full ownership of a promising Serbian copper-gold portfolio, while advancing exploration programs supported by a $3.4 million placement.

Bulletin Resources has significantly expanded its Lake Rebecca Gold Project, nearly doubling its size through strategic acquisitions, while facing regulatory challenges at its Ravensthorpe Lithium Project. The company maintains a robust financial position as it plans targeted drilling and reviews next steps.

Noronex Limited has advanced its copper and uranium exploration with significant drilling results in Namibia and a strategic expansion into Botswana, backed by South32 funding and a recent capital raise.

Summit Minerals has significantly expanded the soil anomaly footprint at its Equador Niobium Project in Brazil and secured $1.67 million through a placement and fully underwritten rights issue to advance exploration.

FMR Resources has commenced a 4,000m diamond drilling program at its newly acquired Chilean copper-gold-molybdenite project, supported by a $3.4 million capital raise and strategic board appointment.

Belararox Limited has kicked off its 2025/26 field season in Argentina and progressed drilling in Botswana’s Kalahari Copper Belt, supported by a recent A$8.5 million capital raise that strengthens its financial position.

Westar Resources reported strategic tenement adjustments and promising assay results at its Mageye prospect during the September 2025 quarter, while maintaining a cautious cash position and continuing exploration efforts.

Carbine Resources reports steady progress on its Muchea West and Down South silica sand projects, securing key approvals and expanding exploration activities while maintaining a robust cash balance.

Elementos Limited advances its Oropesa Tin Project in Spain and Cleveland Tin Project in Tasmania, securing a binding option to acquire 50% of a Spanish tin smelter, positioning itself as the European Union’s primary vertically integrated tin producer amid strong tin prices.