Latest Refining News

Tivan Limited has formalised binding joint venture agreements with Timor-Leste’s state-owned Murak Rai Timor to develop the Baucau and Ossu copper-gold projects, targeting maiden drilling at Ossu in late 2026.

White Cliff Minerals has landed a CAD$250,000 exploration grant from Nunavut’s government to fund a 6,000m drilling campaign at the Danvers deposit, reinforcing the Rae Copper Project’s potential in a Tier-1 mining jurisdiction.

Bendigo and Adelaide Bank reported a slight increase in its Common Equity Tier 1 ratio to 11.38% for the quarter ended March 2026, driven by net profit and capital inflows. Risk-weighted assets rose 1.75%, largely due to loan portfolio expansion and a new operational risk capital overlay.

Rapid Critical Metals has kicked off drilling at its flagship Webbs Silver Project in New South Wales while securing additional prospective ground through a new exploration licence application, aiming to grow its district-scale silver portfolio.

Oceania Healthcare Limited has delivered a standout FY26 with 16% higher sales, 20% EBITDA growth, and a 19% reduction in net debt, setting the stage for positive cash flow in FY27 despite no dividend declared this year.

Findi Limited lowers its FY26 operating revenue and EBITDA guidance, citing integration costs and funding delays, but reports operational improvements following a $25 million equity raise and appoints a new Chief Commercial Officer.

Dexus Convenience Retail REIT has agreed to sell three convenience retail assets for $8 million, achieving a 1.4% premium to book value, with proceeds earmarked for its on-market buy-back program.

Energy One Limited reveals solid sales momentum and strategic AI integration under new CEO Ben Tranier, despite slight ARR timing delays and ongoing market complexity.

Locksley Resources’ maiden diamond drilling at the Desert Antimony Mine reveals high-grade antimony mineralisation extending beneath historic underground workings, including a standout 33.51% Sb intercept.

Kuniko Limited’s Phase 1 drilling at the Commonwealth-Silica Hill Project delivers compelling high-grade gold, silver, and base metal results, validating extensions beyond known mineralisation and setting the stage for a larger Phase 2 program starting in July.

Midas Minerals has reported new high-grade copper and silver intercepts from infill drilling at its T-13 Deposit in Namibia, confirming continuity and expansion potential of the mineralisation. An updated resource estimate is anticipated later this year.

Resolution Minerals has completed the first three holes of its 2026 drilling campaign at Golden Gate, Idaho, revealing strong sulphide mineralisation and alteration consistent with known gold and tungsten zones. A second drill rig is now onsite to accelerate the program, which aims to test up to 13,700 metres across 45 holes.