Latest Refining News

Gibb River Diamonds has secured a contract mining agreement for its Edjudina Gold Project, aiming to start open pit mining at the Neta Prospect by August 2025, subject to permit approvals. The deal minimizes financial risk while positioning the company to capitalise on gold production.

Hartshead Resources NL reports steady progress on its P2607 gas development in the UK Southern North Sea, supported by a strong cash position and ongoing joint venture negotiations with RockRose Energy.

Gold Mountain Limited has kicked off diamond drilling at its Irajuba rare earth project in Brazil, defining a significant exploration target while securing $3.05 million to fuel ongoing exploration.

Belararox Limited reports promising broad copper mineralisation from Phase 1 drilling at its TMT Project in Argentina and significant exploration progress in Botswana’s Kalahari Copper Belt, supported by a strong cash position and strategic board changes.

KGL Resources has paused drilling to deploy advanced 3D geophysical modelling, revealing significant deep mineral anomalies at its Jervois Project. The company is advancing construction readiness and securing funding amid strong copper, silver, and gold markets.

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

Catalina Resources has reported promising wide gold mineralisation zones from its first reverse circulation drilling at the Laverton Project, Western Australia, signalling potential for a significant gold system. Follow-up drilling and pending rare earth element assays could further enhance the project’s outlook.

Energy Metals Limited reported steady progress in its uranium exploration projects during the June 2025 quarter, supported by a strong cash position and rising uranium prices. Preparations to refresh the Bigrlyi Pre-Feasibility Study and regional exploration groundwork highlight the company’s strategic focus.

PhosCo Ltd reports significant progress at its Gasaat Phosphate Project in Tunisia, unveiling promising drilling results and securing potential strategic investment from the EBRD to fund its next development phase.

Taruga Minerals has identified a compelling VTEM bedrock conductor near historic polymetallic workings at its Thowagee Project, with ongoing exploration and assay results expected soon.

Galilee Energy reported operational cost reductions and a $2.8 million cash balance following a partial capital raise, while progressing a farm-out process for its Denison Trough permit.

Blue Star Helium has completed flow testing at its Mula well in Colorado, revealing robust gas flow rates and a helium concentration above regional norms, bolstering the asset’s commercial promise.