Latest Refining News

Torque Metals has reported a significant high-grade gold intercept at its HHH deposit in Western Australia, hitting 5 metres at 15.2 grams per tonne gold. The company is now poised to advance exploration with downhole electromagnetic surveys to identify further mineralisation.

Kairos Minerals reports strong gold intercepts from 14 new diamond drill holes at its Mt York Gold Project, extending high-grade zones and confirming the system remains open at depth. The company plans to deliver an updated Mineral Resource Estimate in Q1 2026 following its largest drilling campaign to date.

Tasman Resources' latest magnetotelluric survey reveals a deep conductive body at Titan West, prompting Fortescue to plan a 2026 drilling campaign to explore potential sulfide-rich mineralisation.

Antilles Gold has launched a substantial infill drilling program at its La Demajagua mine in Cuba, setting the stage for a Definitive Feasibility Study that could unlock enhanced resource value amid soaring gold, silver, and antimony prices.

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.

Alma Metals has completed a positive Scoping Study for its Briggs copper project in Central Queensland, confirming the technical and economic potential for large-scale open pit mining. The company is now moving swiftly into prefeasibility studies to refine resource confidence and optimise project design.

Temas Resources has completed 1,000m of a 2,500m diamond drilling program at its La Blache project in Quebec, targeting expansion of titanium and critical minerals resources. Early signs of gallium and scandium add to the project's potential value.

GrainCorp reported a resilient FY25 with underlying EBITDA rising to $308 million, supported by record grain handling and oilseed crush volumes despite a challenging global margin environment. The company maintained a strong balance sheet and returned solid dividends while advancing strategic growth and sustainability initiatives.

Mount Hope Mining is set to recommence drilling at its Mt Solitary gold prospect in December, following a detailed reinterpretation of historical drill cores that confirms a 7.5km mineralised corridor linking Mt Solitary and Mt Solar.

Superior Resources has updated its Mineral Resource Estimate for the Steam Engine Gold Project, confirming a substantial 194,000 oz gold resource and revealing significant exploration potential along an additional 10 kilometres of prospective lodes.

Canterbury Resources and Alma Metals have completed a positive Scoping Study for the Briggs Copper Project, confirming a 2Mt copper resource and strong metallurgy. Prefeasibility studies are now underway to refine resource confidence and project economics.

Wisr Limited has refinanced its corporate debt facility, lowering interest expenses and reducing drawn debt, setting the stage for cash NPAT profitability in the second half of FY2026.