Latest Refining News

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.

Venus Metals Corporation has initiated a targeted RC drilling program at its Sandstone Bellchambers Gold Project aiming to upgrade and expand its existing gold resource. The company is also advancing mining lease applications and negotiating potential sales agreements to position the project for future development.

Titan Minerals reports significant drilling progress and metallurgical breakthroughs at its Dynasty Gold Project, while JV partner Hanrine accelerates Linderos Copper drilling. The company strengthens its balance sheet with a $25.7 million capital raise and clears debt.

Peel Mining Limited has reported a significant upgrade to its Wagga Tank Mineral Resource Estimate, enhancing the South Cobar Project’s global resource base and advancing its pre-feasibility study with promising cost and timeline benefits.

Rimfire Pacific Mining reports standout scandium drilling results at Murga and Currajong prospects, supported by a $3.65 million equity placement to accelerate exploration amid tightening global supply.

Strategic Energy Resources advances its copper-gold and polymetallic exploration with refined drill targets at Isa North, promising anomalies at South Cobar, and a major new gold project granted in Queensland, while managing funding and asset divestment.

Core Lithium Ltd progresses its Finniss Lithium Project Restart Study, securing full ownership of site infrastructure and reporting promising gold exploration results at Shoobridge.