Latest Refining News

Platina Resources has identified new gold mineralised corridors at its Mt McKenna project in WA, highlighted by significant aircore drill intercepts including 1m at 7.10g/t Au. The discovery supports plans for deeper reverse circulation drilling backed by a government grant.

Nordic Resources (ASX:NNL) has reported new drill results extending gold-copper mineralisation well beyond the 2025 resource boundary at its Kopsa project in Finland, supporting an upcoming resource upgrade.

Ampol launches a A$400 million delayed-draw subordinated notes facility to refinance upcoming debt maturities, locking in long-dated funding with flexible drawdown options.

AngloGold Ashanti’s recent drilling on Matsa Resources’ Lake Carey tenement M39/599 has revealed a significant 2-kilometre gold mineralised trend with multiple high-grade intercepts, underscoring the prospect’s exploration potential.

Alliance Nickel has begun vat leach testing on a bulk sample from its NiWest project, targeting a significant reduction in capital costs by replacing heap leaching with a lower-cost atmospheric process. Results are expected by late Q3 2026 and could reshape the project’s economics.

Turnstone Resources has reported standout rock chip assays up to 31.6g/t gold and 12.9% copper at its Glava project in Sweden, alongside validation of historic drill core at Torsby West, reinforcing the potential for a sizeable copper-gold system.

BOA Resources (ASX: BOA) is set to acquire full ownership of the Thaduna and Green Dragon copper deposits, adding a combined 5.3 million tonnes at 2.3% copper to its portfolio and expanding its Murchison Belt footprint ahead of a funded drilling campaign.

Resources & Energy Group (ASX:REZ) has extended gold mineralisation at its Gigante Grande prospect, confirming significant intercepts 1 km south of the existing resource and supporting a substantial exploration target.

Australian Rare Earths (ASX: AR3) has announced a maiden Ore Reserve of 26 million tonnes at 920 ppm TREO for its Koppamurra Rare Earths Project, underpinned by a robust Pre-Feasibility Study delivering an A$858 million post-tax NPV and a rapid payback of less than one year.

Renascor Resources has identified extensive copper mineralisation across multiple prospects at its Flat Hill project in South Australia, prompting a strategic program of re-assays and geophysical surveys to unlock a district-scale system.

Cyprium Metals has marked a significant milestone with the first sulphuric acid delivery to its Nifty Copper Complex in 20 years, signaling a shift from construction to commissioning. The Phase 1 Copper Cathode Restart project is advancing rapidly, with key infrastructure and operational systems nearing completion.

Paladin Energy has identified a fresh high-grade uranium deposit named Atlas at its Patterson Lake South project in Canada, expanding its resource potential with promising drill results.