Latest Refining News

Origin Energy has refined its FY25 earnings forecast, buoyed by strong wholesale performance but tempered by Octopus Energy's UK weather-related losses. Despite setbacks, Octopus continues to expand its retail footprint.

AuMEGA Metals has launched an ambitious diamond drilling program at its Cape Ray and Bunker Hill projects in Newfoundland, revealing encouraging early gold results that hint at a larger mineralised system.

Kaiser Reef Limited has marked a milestone with a record-breaking first gold pour exceeding 1,200 ounces at the Henty Gold Mine, transforming the company into a multi-asset gold producer with annual output around 30,000 ounces.

Trinex Minerals is set to seek shareholder approval for a significant 127:1 share consolidation aimed at streamlining its capital structure and enhancing investor appeal. The move also adjusts options and performance rights accordingly.

Red Mountain Mining has visually confirmed an extensive antimony mineral system with stibnite veins stretching over 1km at its Armidale project in New South Wales, positioning the company to benefit from soaring antimony prices.

Chorus Limited has lodged a replacement Product Disclosure Statement for its $170 million Capital Notes offer, confirming S&P’s equity content treatment and updating key offer dates and terms.

Copper Search Ltd has secured an exclusive six-month option to acquire Rimfire Pacific Mining's Cowal Project tenements, significantly enlarging its Theseus Gold and Copper Project in NSW's Lachlan Fold Belt. The move positions the company to leverage historical data and advanced analytics to validate promising drill targets near established mines.

Sunshine Metals has secured nearly $400,000 in Queensland government grants to advance drilling and geophysical surveys at its Ravenswood Consolidated Project, targeting promising gold and copper deposits.

Metals Australia reports exceptional drilling results at its Lac Carheil graphite project in Quebec, revealing thick, high-grade graphite zones that significantly extend the known resource. These findings pave the way for a major resource upgrade and accelerated project development.

MTM Critical Metals has confirmed the scalability of its Flash Joule Heating reactor, paving the way for commercial operations at its Texas facility later this year. The modular design promises potential throughput beyond initial targets.

Premier1 Lithium has reported promising high-grade gold mineralisation from maiden drilling at its Yalgoo and Abbotts North projects in Western Australia, highlighting significant exploration upside across extensive greenstone belts.

Great Boulder Resources has reported significant drilling results at its Side Well Gold Project, extending the Eaglehawk deposit by 200 metres and confirming new gold mineralisation at Side Well South. Ongoing exploration and a forthcoming Ironbark scoping study highlight the project's growth potential.