Latest Refining News

Azzuro Resources has reported thick, high-grade copper-gold-zinc-silver mineralisation from drillhole MU2601 at its Red Hill project, while drillhole MU2605 visually extends the massive sulphide zone by 124 metres, highlighting a substantial polymetallic system still open along strike and at depth.

Develop Global has greenlit major investments in its Sulphur Springs copper-zinc and Pioneer Dome lithium projects, backed by a US$400 million financing and offtake deal with Trafigura that also refinances Woodlawn.

Charter Hall Long WALE REIT (ASX:CLW) has completed a $2 billion secured debt refinancing, extending its debt maturity profile by 1.6 years and reducing credit margins by 20 basis points, while reaffirming FY26 earnings and distribution guidance.

Kuniko Limited, Impact Minerals’ JV partner, is set to begin Phase 2 diamond drilling in early July 2026 at the Commonwealth-Silica Hill Gold-Silver Project in NSW, targeting extensions to recently discovered high-grade mineralisation.

Elevate Uranium has boosted the Marenica Uranium Project's Mineral Resource by 31% to 52.8 million pounds of U3O8, building on a recent doubling of grade. Ongoing infill drilling and pilot plant processing underpin advancing feasibility studies.

Discovery Alaska has reported exceptional high-grade gold and silver results from rock samples at its Boulder Creek Project in Idaho, setting the stage for imminent drilling to test historic anomalous zones.

Cadoux Limited has inked a joint venture to earn up to 80% of the Wimmera Mineral Sands Project in Victoria, revealing promising high-grade drilling results at its Danube prospect. The project aims to feed Cadoux’s Minhub processing hub, targeting critical heavy rare earths supply.

Strata Minerals has validated a significant gold mineralised system along a 9.5km corridor at its Zelica South Project in Western Australia, with rock chip samples hitting up to 11.78 g/t Au and silver anomalies supporting a fertile hydrothermal system.

ACDC Metals has reported promising surface assays from its Mount Jackson project in Nevada, with gold grades up to 2.35 g/t and copper reaching 14.9% at key zones. The company is advancing towards a maiden drilling program in Q4 2026 backed by ongoing capital raising.

Riversgold’s farm-in partner AIS Resources reports standout rock chip assays from the Saint John Project in New Brunswick, with multiple samples exceeding upper detection limits for copper, gold, silver, and antimony. These results underpin plans for systematic exploration and drilling.

Stelar Metals has wrapped up its initial fieldwork at the Hill of Leaders Tungsten Project, setting the stage for drilling campaigns later this year and marking a significant step in exploring a largely untouched mineralised system in the Northern Territory.

PhosCo has uncovered a substantial new phosphate zone at its KH prospect near the Gasaat plant site in Tunisia, confirming thick, shallow mineralisation that could enhance early production economics. Assays are pending ahead of a maiden resource estimate.