Latest Refining News

VBX Limited is set to raise $10 million through an initial public offering to fund the development of its Wuudagu Bauxite Project in Western Australia, supported by a positive pre-feasibility study and strong market fundamentals driven by China’s growing aluminium demand.

Patronus Resources has reported encouraging results from its recent RC drilling campaign at the Iron King and Cardinia Gold Projects, confirming gold mineralisation and highlighting potential for resource expansion.

Robex Resources confirms steady progress on its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025.

EQ Resources reports promising preliminary tungsten recovery results from Wolfram Camp stockpiles, achieving an 86% recovery rate and validating advanced X-ray sorting technology. This breakthrough supports the company’s vision for a low-impact regional tungsten hub in Queensland.

Viridis Mining and Minerals has been selected for a major Brazilian government funding package to accelerate its Colossus rare earth elements project, marking a pivotal step in diversifying global critical mineral supply chains.

Ionic Rare Earths’ Brazilian joint venture, Viridion, has been selected for significant government funding to accelerate rare earth refining and magnet recycling, marking a major step in Brazil’s strategic push for a secure, sustainable supply chain.

Vulcan Energy has received building permits for its 30MW geothermal renewable energy plant in Germany, advancing its goal of carbon-neutral lithium production for Europe’s battery industry.

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project, unlocking nearly 1,000 square kilometres of historic copper and silver mining territory in Spain. The company is accelerating exploration with geological mapping and airborne geophysics ahead of planned drilling later this year.

Minbos Resources reports strong 2024-25 field trial results for its phosphate fertilizer PRIMEIRO™ in Angola, while expanding its product range with PRIMEIRO PLUS+, a blended NPKS solution tailored to local soils and crops.

New Murchison Gold Limited has reported further high-grade gold intersections from its Crown Prince Gold Project, reinforcing the potential for a profitable open pit operation at its Garden Gully site near Meekatharra.

Larvotto Resources has reported impressive high-grade gold and antimony intercepts from its ongoing diamond drilling at the Hillgrove Project in NSW, signaling a promising update to its resource base and mine planning.

Kinetiko Energy has completed a $2.2 million placement, supported by directors and major shareholders, to advance its gas exploration and production testing in South Africa’s Mpumalanga Province. Initial production test results are expected in July 2025.