Latest Refining News

G11 Resources has completed a strategic acquisition and raised $7.5 million to fund exploration drilling targeting major copper and gold deposits in Tasmania and NSW. The company identified a significant new geophysical anomaly adjacent to the Mt Lyell mine, setting the stage for a busy 2026.

WIN Metals has unveiled a robust scoping study for its Butchers Creek Gold Project, confirming a 9-year mine life and solid economics, while exceptional high-grade drilling at its Radio Gold Project points to near-term development potential.

Clean TeQ Water has landed a $665,160 engineering contract with Sunrise Energy Metals to update key designs for the Syerston Scandium Project, supporting a crucial investment decision.

Australia United Mining reported a productive quarter at its Forsayth project with gold-silver output, but heavy rains forced a halt to mining activities. The company faces a tight cash position, relying on related party loans and potential asset sales to sustain operations.

Morella Corporation has advanced its Mt Edon Rubidium-Lithium Project towards drilling readiness, supported by strong metallurgical results and fresh funding. The company also initiated legal proceedings related to past asset sales, underscoring a busy start to 2026.

GWR Group Limited reports a robust cash position of $75 million and progresses its Prospect Ridge Magnesite Project alongside strategic investments in tungsten and royalties from iron ore and gold assets.

Kaili Resources has initiated a targeted Aircore drilling campaign across its Mallee Project tenements in South Australia, aiming to unlock rare earth element potential within the Loxton/Parilla Sands. This early-stage program follows promising regional exploration and seeks to refine future drilling focus.

Aureka Limited reports breakthrough high-grade gold assays at its Irvine and St Arnaud projects, alongside a successful $3.6 million capital raise to accelerate exploration in Victoria’s historic goldfields.

Lithium Universe’s Bécancour Lithium Refinery project in Québec is poised to capitalise on a sharp lithium price rebound, with current prices well above feasibility study forecasts. The company’s counter-cyclical development strategy is gaining momentum amid renewed market confidence.

Bindi Metals has reported impressive high-grade gold and silver assays from surface sampling at its Ravni Gold Project in Serbia, setting the stage for imminent drilling activities. With assays up to 48.7 g/t gold and 181 g/t silver, the project shows promising signs of a robust epithermal system.

Juno Minerals has finalised the sale of its Mount Mason DSO Hematite Project for A$6 million plus royalties, while advancing exploration at its flagship Mount Ida Magnetite Project with promising gold assay results and planned drilling.

Austin Metals has launched Phase 1 exploration at its Austin Gold Project, using high-resolution drone imagery and detailed field mapping to refine drill targets focused on BIF-related mineralisation.