Latest Refining News

Michael Hill International has successfully refinanced its $90 million debt facility, securing improved margins and extending the term to August 2028 with the addition of Commonwealth Bank as a new lender.

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and launching a $28 million placement to fund an aggressive 50,000m drilling campaign.

Lithium Universe Limited has completed the second tranche of its share placement, raising $40,000 and securing shareholder approval for a significant options issuance tied to its growth strategy in lithium refining and solar panel recycling.

Artemis Resources confirms a significant gold-bearing shear zone at Titan East near its Carlow deposit, highlighted by a wide 19m intersection at 1.6g/t Au and a previous high-grade 5m intercept at 13.1g/t Au. Diamond drilling has commenced to better define this emerging gold system.

Ballymore Resources has initiated drilling at the Maniopota polymetallic target in North Queensland, complementing ongoing diamond drilling at the nearby Torpy’s prospect. Early indications suggest significant potential for lead, zinc, copper, silver, and gold mineralisation within a major hydrothermal skarn system.

Accent Resources reports metallurgical testwork confirming high-grade magnetite concentrates at coarse grind sizes, advancing its Magnetite Range Project towards green steel markets.

PTR Minerals has completed a major drilling campaign at its Rosewood project, revealing consistent high-grade titanium mineralisation and setting the stage for a maiden JORC resource estimate in mid-2026.

Impact Minerals’ associate Alluminous has teamed up with US battery innovator C4V to fast-track the commercialisation of its HiPurA® high purity alumina for advanced battery applications, marking a key step in its vertically integrated strategy.

Clara Resources has inked a binding deal to acquire the Hodgkinson Basin Gold Project in Far North Queensland, setting the stage for an aggressive exploration campaign in 2026. The acquisition, involving over 533 million shares and cash payments, aims to unlock significant gold potential in a historically rich but underexplored region.

Sarytogan Graphite Limited updates investors on its $5 million capital raising, highlighting regulatory approval delays but confirming near-term funding to advance its key graphite project.

Great Northern Minerals has revealed a significant 1-kilometre quartz-stibnite vein with assays up to 7.1% antimony at its Catalyst Ridge Project, alongside plans to expand its footprint in California. The discovery hints at promising gold potential beneath the surface, echoing nearby major deposits.

Boss Energy confirms FY26 production and cost guidance while withdrawing its 2021 Enhanced Feasibility Study due to significant deviations in resource assumptions. A new feasibility study exploring a wide-spaced wellfield design is underway, aiming to optimise uranium recovery and reduce costs.