Latest Refining News

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s Crooked Creek mine reveals significant massive sulphide lead-zinc mineralisation, confirming extensions to the old high-grade silver-lead-zinc workings. Assay results are pending, promising further insights into this emerging Queensland base metals play.

GBM Resources has reported significant new gold assay results from its Lone Sister deposit, revealing high-grade mineralisation beyond the current resource estimate and identifying a previously unknown east-west gold-bearing structure.

Kuniko Limited’s recent airborne electromagnetic survey at its Commonwealth Gold–Silver Project has revealed multiple promising conductive features along a key structural corridor, setting the stage for targeted drilling in early 2026.

Linius Technologies has named Anthony Baker as its new CEO and Brent Jones as permanent Chair, marking a strategic leadership shift aimed at driving growth and operational efficiency.

Nimy Resources has announced a maiden JORC Inferred Mineral Resource featuring exceptionally high-grade gallium and rare earth oxides at its Block 3 East deposit in Western Australia’s Mons Project. The discovery positions Nimy as a potential key supplier amid tightening global critical minerals supply.

QMines Limited has reprocessed over 3,100 historical soil samples at its Mount Mackenzie Gold Project, revealing extensive gold-silver-arsenic anomalies aligned with key geological features. A multi-rig drilling campaign is now underway to test these high-priority targets.

Lion Rock Minerals has pinpointed a unique monazite-enriched granite source rich in heavy rare earths at its Minta Est Project in Cameroon, triggering an infill drilling campaign to define this promising mineralisation.

Omega Oil and Gas has inked a binding Letter of Intent with Helmerich & Payne for a cutting-edge drilling rig to spearhead its expansive 2026/27 Taroom Trough appraisal program, aiming to unlock significant unconventional gas and liquids resources.

Aristocrat Leisure reported robust FY25 results with revenue up 11% to $6.3 billion and a 12% rise in normalised net profit after tax before amortisation. The company boosted dividends by 19% and completed key acquisitions and divestitures, positioning itself for future growth.

Galileo Mining has initiated a large-scale gravity survey at its Norseman project in Western Australia, aiming to deepen geological insights ahead of a targeted drilling campaign. The survey covers key prospective zones near the significant Callisto deposit and Mission Sill prospect.

Desane Group Holdings posted a $3.3 million net profit for FY25, bolstered by key lease extensions and a $6.2 million property valuation uplift despite ongoing post-pandemic challenges.

Askari Metals has launched a comprehensive exploration program at its Nejo Gold and Copper Project in Ethiopia, targeting high-grade gold and copper mineralisation ahead of a maiden drilling campaign planned for late 2025.