Latest Refining News

Frontier Energy has locked in firm commitments for a $110 million equity raise to fund Stage One of its Waroona solar-battery project, advancing alongside senior debt financing and contract finalisations.

Locksley Resources’ maiden diamond drilling at El Campo reveals significant NdPr-enriched rare earth mineralisation akin to Mountain Pass, while Desert Antimony Mine drilling extends high-grade stibnite zones beneath historic workings.

Chrysos Corporation has refinanced its debt with a $200 million syndicated facility, enhancing financial flexibility to accelerate manufacturing and deployment of its PhotonAssay technology worldwide.

Verity Resources has achieved outstanding gold recoveries of nearly 97% at its Waihi deposit, reinforcing confidence in a conventional processing approach for the Monument Gold Project and complementing previous Korong results.

Dart Mining has unveiled robust assay results from diamond drilling at the Banshee prospect, confirming high-grade gold, silver, and antimony mineralisation over a 500m strike. The findings reinforce the potential for resource growth and support plans to increase Dart's stake in the Coonambula project.

Felix Gold has kicked off extraction and stockpiling of high-grade antimony ore at its Treasure Creek project in Alaska, marking a critical step towards establishing a domestic US supply chain amid growing strategic demand.

Treasury Wine Estates (ASX:TWE) unveils its Ascent transformation, targeting $100 million annual savings, portfolio focus on Power Brands, and a leaner supply chain to lift margins and reduce leverage by FY28.

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.

Bayan Mining has kicked off its first-ever drilling campaign at the Desert Star Rare Earth Project in California, aiming to test promising high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

Blue Star Helium has secured a three-month helium offtake agreement with a major US industrial gases player, establishing a cash flow foundation as it advances longer-term contracts and CO2 commercialisation.

TechGen Metals has unveiled promising assay results from its recent drilling at the Mt Boggola Project, revealing significant copper, lead, silver, and polymetallic mineralisation that supports further exploration.

Helix Resources has boosted the inferred Mineral Resource at its Gold Basin project in Arizona to 280,000 ounces of gold, underpinning its farm-in strategy and advancing development prospects.