Latest Refining News

Traka Resources has secured a strategic joint venture in Guinea’s Siguiri Basin while streamlining its Australian portfolio, though a legal dispute with its Guinea partner clouds the project’s future.

Advance Metals reports robust exploration results with standout gold grades at Myrtleford and significant silver-gold intersections at Yoquivo, while advancing acquisitions that broaden its Mexican portfolio.

Top End Energy has made significant strides in its Serpentine Natural Hydrogen Project in Kansas, expanding its leasehold and initiating a farm-out process amid growing industry interest. Meanwhile, exploration continues in Australia’s Beetaloo Basin as the company prepares for a U.S. investor push through an upcoming ADR listing.

Native Mineral Resources has completed its first gold pour at the Blackjack Gold Project, marking a key milestone as it advances toward full production ramp-up in August 2025. The company also secured a $10 million placement to support its growth plans.

Pivotal Metals has reported a significant increase in its Horden Lake copper resource alongside promising gold discoveries at Lorraine, underscoring its growing footprint in Quebec's critical metals sector.

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Native Mineral Resources has poured its first gold at the Blackjack Gold Project in Queensland, marking a pivotal shift from development to production with initial revenue generated.

Strategic Elements Ltd has marked significant progress in its Energy Ink™ prototype trials and underground mining technology, maintaining a robust financial footing with $4.21 million cash and no debt.

Lincoln Minerals has identified multiple high-priority drill targets at its Minbrie Copper-Base Metals Project with drilling planned for late 2025, while its Kookaburra Graphite Project achieves battery-grade purity, underscoring the company’s strategic positioning in critical minerals.

XPON Technologies reported a strong Q4 FY25 with a 27% revenue jump driven by its Alpha Digital acquisition, while targeting positive EBITDA and cash flow from Q2 FY26.

Everest Metals Corporation has revealed a promising 1.1km gold anomaly at its Revere project, completed a key rubidium extraction study at Mt Edon, and is poised to start mining at Mt Dimer by year-end.

Peel Mining Limited has completed key drilling and commenced metallurgical testing at Wagga Tank, while advancing exploration and joint venture activities at Curnamona, maintaining a solid cash position of $1.4 million.