Latest Refining News

FMR Resources has initiated a 4,000-metre maiden diamond drilling program at the Southern Porphyry target within its Llahuin Project joint venture with Southern Hemisphere Mining in Chile. This program aims to validate geophysical models and explore a potentially large porphyry copper system.

Delorean Corporation has locked in a $14.5 million lower-cost loan facility with National Australia Bank to fund its SA1 Salisbury Bioenergy Project, refinancing existing debt and freeing capital for further bioenergy developments.

Far Northern Resources has completed a high-resolution LiDAR survey at its Bridge Creek project in the Northern Territory, revealing multiple historical gold workings and confirming key geological targets along the prolific Howley anticline. This advanced mapping sets the stage for targeted drilling and infrastructure planning.

Resources & Energy Group Limited (ASX, REZ) has announced its first inferred mineral resource at the Gigante Grande prospect, part of the East Menzies Gold Project in Western Australia, marking a significant milestone with 40,700 ounces of gold identified within an optimised open pit shell.

Loyal Metals has validated an extensive historical drilling dataset at Queensland's Highway Reward Mine, revealing significant unmined copper-gold mineralisation and setting the stage for a new exploration phase backed by $5.8 million in funding.

FMR Resources has initiated a significant 4,000-metre diamond drilling program at its Southern Porphyry target within the Llahuin Project JV in Chile, aiming to validate a large porphyry copper system. Assay results from the first drillhole are expected within weeks, marking a pivotal step in the company’s exploration journey.

Native Mineral Resources has identified 15 promising new gold exploration targets at its Blackjack Gold Mine in Queensland following a detailed drone magnetic survey, setting the stage for drilling in November 2025.

Mineral Resources Limited has priced a US$700 million senior unsecured notes offering at 7.000%, aiming to refinance its existing higher-cost debt due in 2027. The move signals a strategic effort to optimise its capital structure amid evolving market conditions.

Golden Horse Minerals has confirmed significant high-grade gold mineralisation at its Hopes Hill project in Western Australia, prompting an accelerated drilling program with four rigs now active. The latest diamond drilling results reinforce the potential for a substantial gold resource.

Hazer Group has been granted a pivotal patent in Singapore for its proprietary graphite morphology process, reinforcing its foothold in Southeast Asia's clean energy and advanced manufacturing markets.

Australian Critical Minerals has completed its acquisition of Circuit Resources, securing a 25,600-hectare portfolio in Peru rich in precious and base metals, with multiple drill-ready projects poised for exploration.

Summit Minerals has significantly expanded the soil geochemical anomalism footprint at its Equador and Equador North projects in Brazil, unveiling new targets and confirming extensive artisanal workings. The findings reinforce the prospectivity for rare elements including niobium, tantalum, and lithium.