Latest Refining News

Sunshine Metals has initiated diamond drilling at Liontown North, backed by a Queensland government grant, aiming to validate a new geological fold model that could extend the Liontown gold resource. Concurrent drilling at Sybil and upcoming resource updates promise a busy exploration period.

Canterbury Resources has begun drilling a deep 900m diamond hole at its Briggs Copper Project, aiming to unlock new resource potential adjacent to the existing deposit. Supported by a government grant and a joint venture partner, this drilling campaign could reshape the project’s outlook.

BHP Group Limited reported record iron ore and copper production for FY2025, underpinned by operational excellence and disciplined capital allocation. The company outlined growth project updates, maintained strong margins, and reaffirmed its decarbonisation and social value commitments.

Alma Metals has initiated a 900m deep diamond drilling program at its Briggs Copper Project, targeting a key geophysical anomaly adjacent to existing resources. Supported by a $250,000 Queensland Government grant, early drilling has revealed visible copper mineralisation, with assay results anticipated next quarter.

Lincoln Minerals has verified a continuous multi-metal sulphide system extending over 7km at its Minbrie Project in South Australia, setting the stage for a high-impact drilling campaign in late 2025.

Resouro Strategic Metals launches a CAD 2 million private placement to fund engineering work advancing its Tiros project in Brazil, marking a key step toward a Preliminary Economic Assessment.

Universal Biosensors has extended the due diligence period with major investor Viburnum Funds as it continues to negotiate a secured loan facility, with no binding commitment yet reached.

CuFe Ltd announces a remarkable 400% increase in its Gecko copper-gold resource at Tennant Creek, boosting the total project resource to 24.3 million tonnes. This comprehensive update integrates decades of historical data and expands the deposit’s economic potential with byproduct metals.

Pure Resources reaffirms exceptional metallurgical results at its Garnet Hills Project, achieving garnet grades up to 98% through sustainable processing. The company is now scaling up testing and forging strategic collaborations in the US to unlock downstream rare earth opportunities.

Power Minerals reports compelling high-grade niobium and rare earth element intersections from early-stage auger drilling at its Santa Anna Project in Brazil, extending the known mineralised footprint and reinforcing confidence in a significant resource.

Cleo Diagnostics has launched a health economic study in partnership with EntityRisk and Norstella to support the U.S. market entry of its Ovarian Cancer Pre-Surgical Test, aiming to refine reimbursement strategies and accelerate commercialisation.

Killi Resources has identified promising new mineralisation zones and defined priority drill targets at its Mt Rawdon West Project in Queensland, setting the stage for an active exploration campaign backed by solid funding.