Latest Refining News

Comvita has secured the minimum NZ$25 million capital raise required to activate its refinancing plan, driven by strong shareholder participation and Fraser and Neave’s near 20% stake. The Rights Offer closes today, setting the stage for debt repayment and financial restructuring.

Southern Hemisphere Mining has launched a 1,000-metre diamond drilling campaign at its Llahuin copper project in Chile, aiming to extend known mineralisation and test for higher-grade copper-gold-molybdenum zones within a 218Mt JORC resource.

Alma Metals has raised $4 million through an oversubscribed placement to fund critical drilling and pre-feasibility studies at its Briggs Copper Project, reinforcing investor confidence and positioning the company for increased joint venture control.

Askari Metals (ASX:AS2) has validated continuous polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium at its PS Pegmatite Target within the Uis Project in Namibia, setting the stage for planned drilling in H2 2026.

Brightstar Resources has secured full funding for its Goldfields Project, targeting 75,000oz gold production annually from mid-2027, while advancing the Sandstone Project towards a potential Tier-1 development with production aimed for 2029.

Scorpion Minerals has unveiled an Exploration Target of up to 3 million tonnes grading 1.5 to 2.0 g/t Au at its Old Prospect gold zone in Western Australia's Murchison region, building on an existing 21,600-ounce JORC resource with significant upside potential.

Altitude Minerals has secured $1.155 million through a placement to fund drilling and target development in Nevada and New South Wales, focusing on silver, gold, and copper-gold porphyry systems.

dorsaVi has initiated its Ultra-Edge Modular Design program, transitioning from IP development to a manufacturable hardware platform targeting robotics, exoskeletons, and industrial AI with ultra-low power consumption.

Axel REE reports thick, shallow rare earth mineralisation with strong heavy rare earth enrichment at Woolrich, underpinning plans for an Indicated resource upgrade and in-situ recovery trials.

Centaurus Metals has unveiled multiple large-scale copper-in-soil anomalies at its newly acquired Rio Novo tenements, expanding the Boi Novo Project footprint. Concurrent drilling continues to deliver promising copper-gold and iron ore intersections, while metallurgical tests indicate strong concentrate recoveries.

Catalina Resources has extended the mineralised strike at its Breakaway Dam Copper Project in WA to approximately 1.2 kilometres, delivering copper intercepts up to 2.17% Cu from recent drilling that confirms a structurally complex, copper-rich VMS system.

Caspin Resources has reported substantial down-plunge extensions of high-grade tin mineralisation at its Kelpie Deposit in New South Wales, pushing the resource envelope by more than 75 metres and doubling the strike length of the Stewart Fault Zone.