Latest Refining News

Ballard Mining reports strong infill drilling results at its Baldock gold deposit, confirming and refining a high-grade resource and targeting a maiden reserve by mid-2026. The ongoing program highlights potential resource growth beyond current estimates.

Locksley Resources reports robust metallurgical testwork from its Mojave Project, confirming high antimony recoveries and concentrate grades that support a domestic US supply chain. The results align with US strategic priorities for critical mineral independence.

Estrella Resources has reported substantial high-grade supergene manganese intersections at its Ira Miri project in Timor-Leste, highlighting promising mineralisation near key infrastructure. Assay results are pending, but early visual estimates suggest significant resource potential.

Infini Resources has broadened its exploration footprint in Saskatchewan by extending its Reynolds Lake field program to include promising new electromagnetic anomalies at the adjacent Reitenbach Lake Uranium Project. Early geophysical and geochemical results hint at potential shallow uranium mineralisation.

Zenith Minerals has completed its 2025 deep diamond drilling program at the Red Mountain Gold Project in Queensland, with priority assay results pending that could redefine the project's potential. Meanwhile, the company expands its exploration footprint and prepares for a major drilling campaign at its Consolidated Dulcie Gold Project in Western Australia.

Ardea Resources has completed a major infill drilling campaign at its Goongarrie South deposit, confirming premium nickel-cobalt-scandium mineralisation that underpins its Definitive Feasibility Study. The results reinforce the project’s position as Australia’s largest nickel-cobalt resource.

Woolworths Group Limited has updated its dividend details, confirming a fully franked 45 cent per share payout for the first half of FY25 and setting the Dividend Reinvestment Plan price at $27.78.

Scout Security reported a significant 62% reduction in operating cash outflows for Q3 FY2025, while advancing a potential acquisition and partnership opportunities following CES. The company’s cash position remains tight, prompting ongoing capital raising efforts.

Endeavour Group Limited has updated its dividend distribution details for the financial period ending June 2025, confirming a fully franked ordinary dividend and outlining currency options and reinvestment plan terms.

Lightning Minerals has initiated a 1,300m diamond drilling campaign at its newly acquired Mt Turner project in Queensland, targeting high-grade gold and silver mineralisation along the Drummer Fault.

Noronex Limited has kicked off a significant 7,000m reverse circulation drilling campaign at its Powerline Copper Project in Namibia, aiming to unlock new copper-silver deposits along the Kalahari Copper Belt. Funded by South32 under an earn-in agreement, this program targets promising domal structures identified by aeromagnetic surveys.

VHM Limited has obtained crucial federal environmental approval for its Goschen Rare Earths and Mineral Sands Project, clearing a major regulatory hurdle and setting the stage for development in 2026.