Latest Refining News

Algorae Pharmaceuticals has secured a $384,466 cash refund from the Australian Taxation Office, reinforcing its financial position to advance AI-driven drug discovery programs.

Meteoric Resources has successfully produced its inaugural batch of Mixed Rare Earth Carbonate at its Caldeira Pilot Plant in Brazil, marking a significant milestone in its rare earths project development.

Canterbury Resources has completed its 2025 drilling program at the Briggs copper deposit, revealing multiple zones of strong visual copper mineralisation that align with its geological model. Assay results are pending, with further drilling planned to support a Prefeasibility Study for a potential large-scale mine.

Litchfield Minerals has reported its widest copper-zinc intercept to date at the Oonagalabi Project, expanding the Main Zone and confirming a continuous mineralised corridor. The company is well funded to pursue an aggressive drilling and geophysical program in 2026 to further explore deeper intrusive targets.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Belararox Limited has refined its exploration approach at the Toro-Malambo-Tambo Project, prioritising immediate drilling of newly defined shallow epithermal targets. Early assay results are anticipated by February 2026, potentially unlocking significant resource upside in a prolific copper-gold region.

Regis Resources revises its exploration update, reaffirming strong growth prospects at key underground and open pit targets across its Duketon and Tropicana gold projects.

Power Minerals Limited has amended its Rincon Lithium Project Joint Venture announcement to clarify mineral resource categories and assumptions, retracting financial forecasts to avoid investor confusion. The Rincon JV incorporation is imminent, unlocking a $4 million investment to advance lithium brine development.

Power Minerals Limited retracts non-JORC historical data for its Gamma Project in California while progressing critical mineral projects across three continents, supported by strong drilling results and fresh capital raises.

Patriot Resources highlights promising historical drill results and outlines a robust exploration plan for its Tassa Silver-Gold Project in Peru, strategically located near a major gold mine.

Sun Silver Limited has announced a substantial increase in its Maverick Springs Silver-Gold Project resource, adding 59 million ounces silver equivalent to reach 539 million ounces at a higher grade of 71g/t AgEq. This marks the third resource upgrade in under two years, underscoring the project's growing strategic importance amid shifting global silver supply dynamics.

EQ Resources Limited has locked in a €15 million three-year prepayment facility with Traxys Europe S.A., coupled with a five-year offtake agreement for tungsten concentrate from its Spanish mine, strengthening its financial footing and market position.