Latest Refining News

Podium Minerals has successfully raised approximately A$2.6 million through an oversubscribed entitlement offer, securing strong shareholder support to advance key metallurgical work and maintain strategic tenements at its Parks Reef Project.

Alara Resources reports compelling copper assay results from its Block 8 concession in Oman, with Power Metal Resources advancing its stake and exploration activities moving towards drilling.

Diatreme Resources has announced a substantial upgrade to its Northern Silica Project’s Si2 Deposit, increasing the Measured Mineral Resource by 278% to 187.5 million tonnes. This milestone sets the stage for an upcoming Pre-Feasibility Study targeting a long-life silica sand operation.

Leeuwin Metals has completed a significant phase of drilling at its Marda Gold Project, with assay results pending and plans underway for further exploration at a high-grade target.

Tryptamine Therapeutics has secured ethics approval to begin a pioneering clinical trial of TRP-8803, an IV-infused psilocin treatment, targeting adult patients with Binge Eating Disorder. The trial aims to evaluate safety and efficacy, with initial results expected by the end of 2025.

Dateline Resources reports steady progress at its Colosseum Gold-REE Project in California, with geophysical surveys nearing completion and initial geochemical assays expected soon. The integrated data aims to sharpen drill targets for gold and rare earth elements.

Ionic Rare Earths is advancing plans for multiple magnet recycling plants in the US, leveraging patented technology to produce high-purity rare earth oxides amid growing demand for sovereign supply chains.

Downer EDI Limited has successfully refinanced $1 billion of its syndicated sustainability linked loan facility, extending maturities and improving its debt maturity profile amid upcoming bond repayments.

Solis Minerals has intersected promising copper-gold mineralisation including visible gold at its Chancho al Palo prospect in Peru, with assays expected in July/August 2025. The initial drill hole confirms the presence of both IOCG and porphyry-style systems in a highly prospective region.

Golden State Mining’s first-ever air-core drilling at Southern Cross East reveals promising bedrock gold anomalies within a vast soil geochemical anomaly, prompting tenement expansion and plans for detailed aeromagnetic surveys and follow-up drilling.

Magnetic Resources NL has announced a significant 22% increase in the Lady Julie Gold Project resource, now totaling 2.14 million ounces, boosting the overall Laverton region resource to 2.32 million ounces. This upgrade reflects enhanced confidence in mineral continuity and advances the project closer to development.

Magnetic Resources NL has significantly increased its Lady Julie Gold Project resource to 2.14 million ounces, underpinning robust project economics and setting the stage for a Definitive Feasibility Study due in Q2 2025.