Latest Refining News

Australian Mines Limited reports significant progress in its critical minerals projects during Q1 2025, capitalizing on geopolitical shifts that underscore the strategic importance of diversified supply chains. The company highlights expanded studies at Flemington and promising exploration results at Jequie and Resende, while navigating financing challenges for its Sconi nickel-cobalt asset.

N1 Holdings Limited reported a solid FY25 year-to-date profit with revenue growth driven by its SME lending business, while successfully reducing funding costs and maintaining disciplined operations amid ongoing market volatility.

Key Petroleum has submitted eight PCA applications in Queensland and launched a rights issue to raise A$312,225, aiming to fund both domestic development and international expansion despite a cash balance of just A$20,000 at quarter-end.

Mt Malcolm Mines NL reports strong Q1 2025 progress with high-grade gold recoveries and significant revenue from its Golden Crown Prospect bulk sampling program.

Dateline Resources progresses its Colosseum Gold-REE Project with a Bankable Feasibility Study underway, US government mining rights confirmed, and fresh capital raised to fuel development.

Magmatic Resources has reported significant progress in its Myall Project joint venture with Fortescue, including promising copper-gold mineralisation at the Calais prospect and ongoing drilling across multiple targets. The company maintains a strong cash position as it advances exploration in NSW.

Moab Minerals reports robust uranium mineralisation from its Manyoni Project in Tanzania and progresses exploration in Colorado’s Uravan Belt, supported by a recent $500k capital raise.

Chilwa Minerals advances its critical minerals exploration with over 3,000 metres drilled at key deposits, a strategic assay lab shift to South Africa, and expanded local lab operations to support growing activity.

BPM Minerals has reported encouraging assay results from its recent drilling programs at the Louie Prospect and Claw Gold Project, reinforcing the potential for economic gold resources in Western Australia. The company maintains a solid cash position of approximately A$2 million as it prepares for further exploration.

Westar Resources wraps up low-grade drilling at Mindoolah, opts out of acquisition, while progressing exploration at Gidgee North with promising geophysical targets and pending assay results.

Revolver Resources has completed the SX-EW FEED for its Dianne Copper Mine Project, marking a key technical milestone and progressing towards a Final Investment Decision. The company also secured A$1.5 million through non-dilutive royalties, underpinning its funding strategy.

Aurumin Limited has reported a significant 33% increase in its Plum Pudding gold resource, now totaling 18,700 ounces, alongside promising high-grade iron ore results that have led to an expanded joint venture footprint with Newcam Minerals.