Latest Refining News

Cadoux Limited has made significant progress in its High Purity Alumina and Minhub rare earth projects during Q1 2025, advancing engineering studies, securing key contracts, and strengthening ESG initiatives while preparing for commercialisation.

Blackstone Minerals has entered a binding agreement to merge with IDM International, acquiring the high-grade Mankayan copper-gold project in the Philippines. This strategic move positions Blackstone at the forefront of critical metals and precious metals markets amid growing global demand.

Carbine Resources Limited is making steady progress towards securing the mining lease for its high-grade Muchea West Silica Sand Project while continuing exploration activities at its Down South project. The company reported $76,000 in exploration expenditure and holds $262,000 in cash reserves as it plans further funding.

Nimy Resources has defined a high-grade gallium Exploration Target in Western Australia and secured strategic partnerships to support supply to the US Department of Defense, positioning itself strongly in the critical minerals sector.

MPower Group has completed a pivotal equity conversion of its Narromine Renewable Energy Project, extinguishing $10.36 million in project funding and positioning itself for a $700,000 gain. The company also secured additional financing and advanced its renewable energy pipeline amid ongoing operational challenges.

Reedy Lagoon Corporation has completed an extensive FineFraction soil sampling program across four gold prospects at Burracoppin, while seeking a farm-in partner for its iron project and maintaining a cautious cash position.

Enterprise Metals Ltd has progressed its Western Australian exploration projects with heritage surveys completed and drilling scheduled, supported by a government grant covering nearly half the planned budget.

SQX Resources has integrated new drilling data with historical exploration to refine its gold and copper targets at Scrub Paddock and Ollenburgs, while maintaining a solid cash position of $1.64 million.

Cannindah Resources has reported significant diamond drilling results at its Mt Cannindah project, including high-grade gold intercepts and the identification of a large new porphyry copper-gold-molybdenum target, alongside strategic board and management appointments.

Belararox Limited has made significant progress in its maiden drilling program at the TMT Project in Argentina, revealing promising visual copper mineralisation while maintaining a robust financial position with A$6.8 million cash and zero debt.

Pinnacle Minerals reports significant exploration progress across its Canadian and Australian projects, highlighting multiple lithium pegmatite targets and strong rare earth element assays while maintaining a disciplined cash position.

Battery Age Minerals reports exceptional germanium grades at its Bleiberg project, confirms critical isotope Ge76, and secures a high-grade gold-silver project in Argentina, while delivering record lithium drilling results at Falcon Lake.