Latest Refining News

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.

St Barbara Limited has secured approximately A$58 million through an institutional placement to fund its Simberi Expansion Project and advance the 15-Mile Processing Hub in Nova Scotia. This capital raise supports the company’s growth ambitions amid ongoing regulatory and operational developments.

ECS Botanics reports a positive cash flow milestone in Q1 FY26, driven by strong direct-to-consumer sales and operational efficiencies, while preparing for a European market debut.

EV Resources has entered a binding agreement to sell its Khartoum Project to Koba Resources for $700,000 cash plus a royalty, marking a strategic pivot towards its antimony assets and US critical minerals ambitions.

Kaiser Reef announces a leadership transition as founder Jonathan Downes steps down, handing the reins to mining veteran Brad Valiukas. The move signals a new chapter for the profitable gold producer with strong assets in Victoria and Tasmania.

Javelin Minerals is advancing its Eureka Gold Project with a targeted diamond drilling campaign and a $25 million mining contract with MEGA Resources, aiming for production by mid-2026.

Kinetiko Energy's latest gas flow test at well 271-KA03PT06 in South Africa delivers record extended flow rates, significantly boosting the commercial outlook for its Brakfontein gas cluster.

Horizon Gold reports significant gold intercepts from water bore drilling at its Gum Creek Project and launches an AI-powered exploration partnership to accelerate resource growth.

St George Mining secures government support to establish a cutting-edge pilot plant and research centre at its Araxá Project, aiming to refine rare earth and niobium processing in Brazil. This initiative builds on historic metallurgical success and positions the company at the forefront of critical metals supply chain development.

Gateway Mining has expanded its aircore drilling campaign at the Yandal Gold Project to 44,000 metres, targeting structurally complex shear zones with high gold potential. A diamond rig is set to commence follow-up drilling shortly.

Buxton Resources has significantly expanded its Centurion Project in Western Australia, securing a new exploration license and preparing for geophysical surveys following encouraging drillhole assays.

Xenora Minerals has identified new high-priority lithium drilling targets at its Dudley Project following an independent geochemical review, with infill sampling set for October and an expanded drilling campaign planned for early 2026.