Latest Refining News

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.

QMines Limited reports a significant increase in optimised open pit material at its Develin Creek project, confirming 930,000 tonnes at 1.73% copper equivalent from the Scorpion-Window deposit. Combined with Mt Chalmers and Mt Mackenzie, total optimised material rises to 13.6 million tonnes, advancing the company’s central Queensland copper-gold strategy.

Barton Gold Holdings reveals promising metallurgical test results from its Wudinna Gold Project, showing gold recoveries up to 99.3% and potential cost savings through concentrate trucking to existing mills.

Superior Resources reports exceptional copper-gold-silver assay results up to 46.5% Cu from its Greenvale Project, confirming Halls Reward and Telegraph as priority high-grade targets. Follow-up exploration is set to unlock further potential.

First Au Limited’s maiden joint venture drilling at the Nimba Gold Project in Liberia has extended the high-grade gold mineralisation at the Ziyatoyah Prospect, with assays pending from initial drill holes.

Haranga Resources’ maiden drilling at the Ibel South Gold Project in Senegal reveals broad, shallow, and high-grade gold mineralisation, confirming promising potential over a 700m strike length. The results set the stage for further exploration and resource definition.

Litchfield Minerals reports assays confirming up to 35% manganese with a hydrothermal signature at Lucy Creek 2, Northern Territory, signaling a potentially larger manganese system. Planned geophysical surveys and drilling in 2026 aim to unlock further resource potential.

Magmatic Resources has initiated a focused 3,700-metre drilling campaign at its Weebo Gold Project in Western Australia, targeting promising gold mineralisation zones at Scone Stone and Ockerburry. This move comes as gold prices reach record highs, positioning the company for potential significant discoveries.

Artemis Resources has completed a $4.9 million capital raise to fund extensive drilling programs targeting gold and copper at its Carlow, Titan, and Cassowary projects in Western Australia. The funding will accelerate exploration efforts aimed at expanding mineral resources and testing new high-potential targets.

Astral Resources reports strong initial assay results from its Theia Deposit in-fill drilling, confirming broad gold mineralisation and exceptional high-grade zones that align closely with existing resource models.

Lithium Universe Limited and Macquarie University have jointly applied for a $386,000 grant to develop a cutting-edge solar panel recycling pilot that could transform resource recovery and sustainability in Australia’s clean energy sector.

Tempest Minerals reports encouraging gold assay results from rock chip sampling at its Cherokee target, prompting an expanded drilling program at the Range Project near Mt Magnet.