Latest Refining News

Gale Pacific’s FY25 results show resilience amid tariff challenges, with strategic manufacturing diversification and brand refresh underway to drive future growth.

Bubalus Resources has confirmed a gold-bearing system at its Crosbie North prospect in Victoria following a maiden drilling program, with assays up to 1.32 g/t gold. The company is preparing for further drilling in 2026 to explore previously inaccessible targets and expand on these promising results.

Emeco Holdings has refinanced its long-term debt with a new A$355 million facility, extending maturity and improving terms to support future growth.

Everest Metals Corporation has reported impressive rubidium assay results up to 0.79% Rb₂O from its Phase 2 drilling at the Mt Edon Critical Mineral Project, reinforcing the potential for resource expansion ahead of a planned upgrade in early 2026.

Yari Minerals’ latest drilling results at the Rolleston South Coal Project reveal thicker-than-expected coal seams with promising low-ash, high-yield qualities, hinting at a potential upgrade to semi-soft metallurgical coal.

Southern Cross Gold has secured approval for its underground exploration tunnel at the Sunday Creek project, marking a pivotal step towards mine development and enhanced resource definition.

EQ Resources is progressing the refinancing of its €20 million Spanish debt, securing extensions on Oaktree guarantees while negotiating new financing facilities.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s silver-lead-zinc mine reveals significant high-grade mineralisation, prompting a strategic pause for downhole EM surveys to refine exploration targets.

Hot Chili Limited’s latest diamond drilling at the La Verde porphyry within its Costa Fuego project in Chile has confirmed extensive copper-gold mineralisation, surpassing initial expectations and expanding the known deposit footprint.

BPM Minerals has raised A$3.5 million through a placement to fund expanded drilling and exploration at its high-grade Forelands Gold Project in Western Australia. The capital injection positions the company to rapidly advance its maiden resource definition efforts.

Gateway Mining Limited is intensifying its exploration efforts at the Yandal Gold Project with a second diamond rig and has uncovered additional gold nuggets at Great Western, while a major aeromagnetic survey is underway at Glenburgh South.