Latest Refining News

PolarX has raised $5 million through a share placement to ramp up exploration at its Humboldt Range Gold Project in Nevada, complementing a major joint venture with Northern Star Resources in Alaska.

Woolworths Group has revealed a preliminary estimate of up to $330 million post-tax liability following a Federal Court decision on historical underpayments to salaried store team leaders, signaling major shifts in retail wage practices.

Imagion Biosystems has reached key milestones in its MagSense® HER2 breast cancer imaging program, including starting manufacturing for its Phase 2 trial and launching an AI imaging protocol collaboration with Wayne State University.

Coda Minerals has announced a fully underwritten $8.33 million entitlement offer to fund the pre-feasibility study of its Elizabeth Creek Copper-Silver Project, offering shareholders a discounted entry price with attaching options.

Lode Resources reports exceptional high-grade antimony and silver drill results from its Montezuma Project in Tasmania, including the deepest mineralised intercept to date at 220m. These findings bolster the potential for a significant bulk tonnage resource amid soaring metal prices.

Beacon Minerals has reported robust assay results from its Stage 2 drilling at the Iguana Deposit, revealing multiple high-grade gold intersections and promising depth extensions in the Northwest Corridor.

Gorilla Gold has extended its Lakeview King Kong lode by 150 metres and discovered new mineralised structures at its Comet Vale Gold Project, signalling a growing camp-scale gold system in Western Australia.

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Adavale Resources has reported promising shallow, high-grade gold intercepts from its maiden drilling program at the London Victoria Gold Mine, reinforcing the potential to expand its current resource base. The company is advancing with a magnetic survey and planning a second drilling phase to further delineate the deposit.

Astral Resources has reported robust gold intercepts from its recent drilling at the Spargoville Gold Project, highlighting potential to expand existing resources beneath the 8500N palaeochannel deposit. Concurrent exploration at Mandilla and lithium targets at KOMIR JV further underpin the company’s multi-asset growth strategy.

Torque Metals has reported a significant new gold discovery outside the current resource boundary at its Paris Gold Project, highlighting substantial exploration upside. Step-out drilling revealed a 25-metre intercept averaging 3.9 g/t gold, expanding the known mineralised system.

Janus Electric has launched a strategic pilot project in Southern California, delivering battery-swapping Class 8 trucks and solar-powered infrastructure to revolutionize zero-emission freight at major U.S. ports.