Latest Refining News

Volt Resources has locked in a $11.1 million equity investment from Unbounded Opportunities Fund to accelerate development of its Bunyu Graphite Project in Tanzania, aiming to boost production and cut costs.

SSH Group has commenced a focused drilling campaign at the Wagtail Gold Deposit to upgrade its high-grade resource and advance development plans under a profit-share agreement.

Alma Metals has completed its 2025 drilling program at the Briggs Copper Project, confirming strong visual copper mineralisation consistent with its geological model and setting the stage for a prefeasibility study. Assay results are expected early 2026, with further drilling planned to refine the resource.

Sentinel Metals has completed a detailed geophysical and structural study at its Columbia Gold Project, revealing promising deep feeder zones and strike extensions. A maiden 5,000m diamond drill program is set to test these new targets, potentially expanding the project's resource base.

Aurora Labs has secured its first $250,000 order for AU4 propulsion engines from Sovereign Propulsion Systems, marking a key step in its commercialisation strategy targeting unmanned aerial vehicles and defence markets.

Somerset Minerals has raised A$3.7 million through a dual placement to fund an aggressive 2026 drilling campaign at its Coppermine Project in Nunavut, targeting high-grade copper extensions and new discoveries across a vast landholding.

High-Tech Metals has commenced a 3,000m drilling program at its high-grade Wagtail gold deposit, while identifying promising new regional targets at Mt Fisher and Mt Eureka for early 2026 exploration.

Pursuit Minerals has completed the acquisition of the Sascha Marcelina Gold Project in Argentina, setting the stage for a high-impact drilling campaign while simultaneously advancing its lithium development at Rio Grande Sur.

Power Minerals has completed a cutting-edge drone magnetic survey over its Santa Anna project in Brazil, revealing new exploration targets and setting the stage for a significant drilling campaign aimed at defining a maiden resource.

Hot Chili Limited's latest drilling at La Verde confirms a growing higher-grade copper-gold core near surface, promising to enhance the Costa Fuego project's economics and scale.

Sunshine Metals has identified seven promising volcanogenic massive sulphide targets at its Ravenswood Consolidated Project, highlighted by exceptional gold-in-soil grades reaching 8.45 g/t at Truncheon East. The findings, supported by a Queensland Government grant, set the stage for intensified exploration in 2026.

Bindi Metals has identified several promising gold prospects along a 2.5 km corridor at its Ravni Gold Project in Serbia, supported by extensive sampling and historic data. A detailed geophysical survey and drilling program are set to follow, aiming to refine and test these targets.