Latest Refining News

Lightning Minerals has commenced a significant drilling campaign at its Esperança lithium project in Brazil, alongside promising soil sampling results at its Caraíbas and Canabrava projects, underscoring the company’s growing footprint in the Lithium Valley region.

American Rare Earths has expanded its Halleck Creek rare earth resource by 12.2% and achieved a metallurgical breakthrough that slashes processing volumes by over 90%, underpinning a robust updated scoping study with strong financial metrics.

Platina Resources has completed diamond drilling at its Xanadu Deeps gold target and is gearing up for further aircore drilling at Challa and Beete projects, maintaining a strong cash position of A$11.77 million.

Codrus Minerals advances its diversified exploration portfolio with permitting progress at Bull Run and promising uranium geochemical results at Jasper Wedge, while managing costs amid challenging gold markets.

Echo IQ Limited marked a pivotal quarter with FDA clearance for EchoSolv AS, strategic US partnerships, and a clear path toward reimbursement and broader commercialisation.

Critica Limited has declared a maiden Inferred Mineral Resource Estimate for its Jupiter Project, establishing it as Australia’s largest and highest-grade clay-hosted rare earth deposit. Early metallurgical testwork shows promising beneficiation results, positioning the company as a strategic player in the rare earths sector.

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

Australian Rare Earths Limited (ASX: AR3) reports promising extensions of near-surface calcrete-hosted uranium mineralisation at its Overland Uranium Project, reinforcing a dual-asset exploration strategy that combines shallow deposits with deeper in-situ recoverable targets.

Pact Group Holdings reports a modest 2.7% revenue increase for Q3 FY25, driven by higher volumes and cost savings, while preparing to refinance debt and review its Asian packaging business.

Sunshine Metals has launched a targeted reverse circulation drilling program at Liontown to upgrade shallow oxide gold and silver resources and advance metallurgical studies, aiming to fast-track development amid strong gold prices.

Flagship Minerals’ metallurgical review of the Pantanillo Gold Project highlights strong gold recoveries from oxide mineralisation and suggests a pathway to low capital and operating costs through heap and dump leach processing.

Apollo Minerals reports completion of Phase 2 drilling at its Salanie Gold Project with promising high-grade results, alongside strategic funding and ongoing exploration in Gabon, Serbia, and France.