Latest Refining News

AuKing Mining and Orion Resources have signed a non-binding $8 million financing term sheet with US lender Nebari to advance the Cloncurry Gold Project acquisition and development.

Lincoln Minerals has confirmed multiple uranium anomalies at its Yallunda Project in South Australia, reinforcing the site's exploration potential. The company plans an expanded exploration program in the second half of 2025 to further define mineralised zones.

Heavy Rare Earths Limited (ASX:HRE) confirms significant high-grade uranium, scandium, and rare earth element assays from its Radium Hill project, setting the stage for targeted drilling in 2025.

Diablo Resources has identified four promising copper targets within its Phoenix Copper Project in the prolific Lisbon Valley Mining District, setting the stage for drilling in Q3 2025 amid a bullish copper market.

Arizona Lithium has achieved a landmark regulatory approval for Phase 1 production at its Prairie Lithium Project, marking the first lithium brine operation sanctioned in Saskatchewan. Updated drilling and modeling have significantly expanded the project's resource base and production potential.

Tivan Limited has initiated a comprehensive 35,000m drilling program at its Speewah Fluorite Project in Western Australia, aiming to expand its mineral resource and advance feasibility studies ahead of a Final Investment Decision in 2026.

Podium Minerals has announced a significant expansion of its Parks Reef Project in Western Australia with a new inferred copper-gold resource, enhancing the project's multi-metal portfolio and increasing its payable metals basket value by 21%.

Tungsten Mining NL has reported a maiden inferred mineral resource at its Hatches Creek Project, revealing significant tungsten and copper grades that underpin its ambitions to become a key critical minerals producer.

Almonty Industries reports steady tungsten market conditions and completes key financing for its Sangdong Mine, while posting a $34.6 million net loss in Q1 2025. The company advances its US Domestication and plans to restart Los Santos Mine in 2026.

Mantle Minerals has won a co-funded drilling grant from the WA Government and completed its Mt Berghaus tenement package, setting the stage for targeted exploration in the Pilbara.

Comms Group Limited announces a strategic $10 million acquisition of TasmaNet and select assets from Field Solutions Holdings, alongside a $7 million capital raise, targeting a proforma FY25 revenue of approximately $75 million.

Lunnon Metals has confirmed notable gold mineralisation at its Defiance West target within the Kambalda Gold & Nickel Project, revealing promising new exploration opportunities along the Foster Thrust shear zone.