Latest Refining News

Step One Clothing reported modest FY25 revenue growth amid a challenging retail environment, driven by strong UK performance and a strategic shift to balance discounting and profitability.

Step One Clothing Limited reported a 2.8% revenue increase to $86.9 million and a 2.0% rise in net profit after tax to $12.65 million for FY25, while EBITDA declined 3.9% due to increased promotional activity. The company reinforced its sustainability credentials with FSC® certification and detailed emissions reporting.

Pioneer Lithium has completed extensive sampling at its Skull Creek Uranium Project in Colorado, revealing large-scale radiometric anomalies that suggest significant uranium potential. The company is now awaiting assay results and preparing for drilling amid supportive US uranium policies.

Jade Gas Holdings has confirmed continuous gas flow from its second production well at the TTCBM Project, reinforcing the project's commercial viability and advancing Mongolia’s largest coal seam gas development.

Impact Minerals’ 50%-owned Alluminous Pty Ltd advances its proprietary HiPurA® High Purity Alumina technology with new leadership and pilot plant commissioning, attracting strong customer interest.

Infini Resources has pinpointed 14 high-priority uranium exploration targets at its Reynolds Lake Project in Saskatchewan, setting the stage for a detailed field program starting September 2025. This development complements its broader uranium exploration strategy in the Athabasca Basin region.

Zenith Minerals has initiated a 3,000-metre deep diamond drilling program at its Red Mountain Project in Queensland, targeting a Mt Wright-style gold system and a concealed porphyry copper deposit. Supported by government funding, this exploration phase builds on eight years of work and aims to unlock significant resource potential.

Strickland Metals has completed the sale of its Yandal Gold Project to Gateway Mining, distributing most Gateway shares directly to its shareholders and sharpening its focus on the Rogozna Project in Serbia.

Austral Gold's Argentine subsidiary has refinanced its debt with a new $1.3 million unsecured loan from a related party, extending repayment terms and managing its financial obligations amid ongoing growth plans.

Sarytogan Graphite Limited secures a strategic A$3.6 million investment from Kazakh high-net-worth investor Dias Sarsenov, accelerating its Definitive Feasibility Study for a critical graphite project vital to Europe’s raw materials supply.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.

Star Minerals reports exceptional shallow gold assay results from infill drilling at its Tumblegum South Gold Project, reinforcing the deposit's quality and advancing plans for production. The company anticipates further assay results and an updated resource estimate soon.