Latest Refining News

Tesoro Gold has reported a significant 42% increase in its Ternera gold resource alongside a robust scoping study and a $34 million equity raise to accelerate development of its El Zorro project in Chile.

White Cliff Minerals has confirmed sediment-hosted copper mineralisation at its Rae Copper Project in Nunavut, Canada, with diamond drilling revealing multiple copper styles and promising grades. The discovery points to a fertile system with clear pathways to higher-grade zones.

Litchfield Minerals’ latest Downhole Electromagnetic survey confirms a large, highly conductive massive sulphide body at the VT2 target, prompting a new high-priority drillhole to test its core.

Nelson Resources has submitted a Program of Work for an extensive drilling program at its Yarri Gold Project, with MEGA Resources set to fully fund operations up to $10 million. Drilling is expected to begin shortly after regulatory approval.

XPON Technologies reports a robust Q1 FY26 with 17.5% revenue growth, positive cash flow, and strategic leadership changes, setting a strong foundation for the year ahead.

Future Battery Minerals Ltd reports significant gold intercepts from its Miriam Project drilling and advances exploration at Burbanks East, while securing an option to acquire the Randalls Gold Project, reinforcing its position in Western Australia’s goldfields.

Rimfire Pacific Mining has announced a maiden inferred scandium resource at its Currajong prospect, boosting its total scandium inventory by 61%. The company also identified new base metal drill targets at Broken Hill and completed a $3.5 million equity raise to fund ongoing exploration.

Bayan Mining and Minerals Limited reports significant progress in its rare earth and gold exploration projects, highlighted by high-grade assay results and strategic land acquisitions in California and Nevada.

Lord Resources has released final assay results from its Ilgarari drilling campaign, revealing significant copper mineralisation and validating geological models. The company has deferred its planned entitlement issue, opting to reassess funding needs after evaluating recent drilling and acquisition prospects.

Brazilian Rare Earths Limited has inked a decade-long heavy rare earths offtake deal with Carester and announced a major maiden resource at its Amargosa bauxite project, backed by a $120 million capital raise to accelerate development.

Berkeley Energia reports promising preliminary metallurgical test results from its Conchas Project in Spain, highlighting strong recoveries of lithium and rubidium using flotation and magnetic separation techniques. These findings advance the project's potential in critical minerals supply.

Ardea Resources reports strong progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, including high-grade drilling results, a heritage agreement, and consortium funding support. Completion of the DFS is now targeted for mid-2026 amid ongoing ESG and stakeholder engagement.