Latest Refining News

Connected Minerals Ltd has successfully raised $5.1 million to fuel its aggressive uranium exploration in Namibia, reporting impressive high-grade rock chip results that set the stage for maiden drilling in early 2025.

Falcon Metals reports steady progress across its Victorian and Western Australian projects, maintaining a strong cash position to fuel ongoing exploration in 2025.

InhaleRx has locked in a $38.5 million funding deal with Clendon Biotech Capital, enabling expanded Phase 2 trials for its inhaled breakthrough cancer pain and panic disorder treatments. The company also filed a key international patent, positioning itself for a faster path to FDA approval.

Vonex Limited reports solid operational improvements and customer satisfaction in Q2 FY25, while endorsing Maxo Telecommunications’ takeover offer and planning a $13 million capital raise to manage debt.

Australia United Mining Limited reported steady progress in its New South Wales and Queensland gold projects during the December 2024 quarter, including production from the Ropewalk mine and promising trenching results. Despite limited cash reserves, the company plans to sustain operations with ongoing financial support.

Surefire Resources NL's maiden drilling at Copper Hill reveals increasing copper and sulfur levels, signaling promising mineralization beneath surface anomalies. A geophysical survey is set to refine target zones for follow-up exploration.

Critica Limited reports a remarkable 830% upgrade in rare earth element concentration from initial metallurgical testwork at its Jupiter Project, signaling strong economic potential for this Western Australian rare earth deposit.

Investigator Resources Limited has postponed the Definitive Feasibility Study (DFS) for its Paris Silver Project to mid-2025, citing rising costs and the need for further optimisation. Meanwhile, exploration drilling continues and asset sales bolster the company’s cash position to $2.7 million.

Cyprium Metals has partnered with Macmahon Holdings in a strategic alliance to accelerate the redevelopment of the Nifty Copper Complex, leveraging Macmahon’s operational expertise to advance feasibility studies and site operations.

Santana Minerals has reported a robust Pre-feasibility Study for its Bendigo-Ophir Gold Project, lifting the after-tax NPV to A$1.2 billion and IRR to 76%, as it progresses detailed engineering and fast-track permitting in New Zealand.

Horizon Gold advances its Gum Creek Gold Project with ongoing diamond drilling and a major upcoming RC drilling campaign aimed at upgrading its 2.14 million ounce gold resource. The company also strengthens its balance sheet following a strategic share sale.

Narryer Metals has launched the next phase of exploration and metallurgical studies at its Rocky Gully project, targeting new geophysical zones and pioneering eco-friendly rare earth extraction methods.