Latest Refining News

Tolu Minerals has launched a major exploration campaign targeting historically rich gold veins near the Tolukuma Gold Mine in Papua New Guinea, aiming to expand its mineral resources with drilling planned for Q3 2025.

Castle Minerals has reported strong extensions of high-grade gold mineralisation at its Kpali prospect in Ghana, confirming continuity of two major lodes from a recent 23-hole drilling program. Follow-up drilling and exploration are planned to build on these promising results.

Latitude 66 Limited’s maiden reverse circulation drilling at the K6 Prospect in Finland confirms a 2.5km mineralised gold-cobalt trend, demonstrating both promising exploration potential and a new efficient drilling method for the region.

Resouro Strategic Metals’ Tiros Project in Brazil has been selected for a major Brazilian government funding initiative aimed at advancing critical mineral production. This endorsement could accelerate the project’s development and bolster its role in the clean energy transition.

Adavale Resources has been granted exploration license EL9785, including the high-grade Koh-I-Noor gold mine, adjacent to its Parkes Project in NSW. The company plans detailed exploration and a maiden drilling campaign in 2025 to unlock further mineral potential.

E79 Gold Mines has significantly increased its Mountain Home Project footprint in the Northern Territory, acquiring nearly 500 square kilometres of mineral rights and gearing up for a government-backed exploration push in 2025.

VBX Limited is set to raise $10 million through an initial public offering to fund the development of its Wuudagu Bauxite Project in Western Australia, supported by a positive pre-feasibility study and strong market fundamentals driven by China’s growing aluminium demand.

Patronus Resources has reported encouraging results from its recent RC drilling campaign at the Iron King and Cardinia Gold Projects, confirming gold mineralisation and highlighting potential for resource expansion.

Robex Resources confirms steady progress on its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025.

EQ Resources reports promising preliminary tungsten recovery results from Wolfram Camp stockpiles, achieving an 86% recovery rate and validating advanced X-ray sorting technology. This breakthrough supports the company’s vision for a low-impact regional tungsten hub in Queensland.

Viridis Mining and Minerals has been selected for a major Brazilian government funding package to accelerate its Colossus rare earth elements project, marking a pivotal step in diversifying global critical mineral supply chains.

Ionic Rare Earths’ Brazilian joint venture, Viridion, has been selected for significant government funding to accelerate rare earth refining and magnet recycling, marking a major step in Brazil’s strategic push for a secure, sustainable supply chain.