Latest Refining News

Blue Star Helium has achieved its first commercial helium production at the Galactica Project in Colorado, marking a pivotal step as it ramps up operations and secures funding for expansion in 2026.

Genmin Limited has completed a A$25.7 million placement, cleared its debt, and made significant strides in financing its Baniaka iron ore project in Gabon, including a strategic partnership with Chinese SOE SHICO.

Argent BioPharma has restructured its acquisition of AusCann assets to sharpen its clinical focus and secured a substantial A$11 million financing facility, positioning itself for growth in 2026.

CGN Resources has expanded its foothold in Western Australia's Leonora gold district with new tenement grants and land access agreements, setting the stage for a robust 2026 exploration campaign.

Geopacific Resources advances its Woodlark Gold Project with strong drilling results and steady progress on its Definitive Feasibility Study, positioning the project for development readiness.

Belararox Limited has commenced diamond drilling at its flagship TMT Project in Argentina and completed initial drilling at its Kalahari Copper Belt project in Botswana, supported by a recent A$8.5 million capital raise and key board changes.

Energy Metals Limited reported steady progress in its uranium exploration projects across the Northern Territory and Western Australia, supported by a robust cash position and a bullish uranium market outlook.

Brockman Mining Limited reports significant progress on its Pilbara iron ore projects, advancing joint ventures and infrastructure plans while delivering promising exploration results at Punda Springs.

Western Gold Resources has secured board approval to mine its wholly owned Gold Duke Project, backed by a $6.75 million oversubscribed placement and a robust updated resource estimate of 277,000 ounces of gold. Mobilisation is set for early 2026 as the company advances towards production.

Alara Resources has reported its strongest quarterly copper concentrate production and dispatch at the Al Wash-hi Majaza Mine, alongside expanded exploration efforts across Oman and strengthened financial footing through new loan facilities.

Manhattan Gold Corporation reports promising assay results from its Hook Lake Gold Project in Nunavut, Canada, confirming high-grade gold and polymetallic mineralisation across multiple prospects. The company plans to commence maiden drilling in April 2026 following a delayed aeromagnetic survey.

Albion Resources has advanced its exploration at the Yandal West Gold Project, identifying a previously unrecognised multi-kilometre gold corridor at Ives North while awaiting heritage study results that will shape upcoming drilling plans.