Latest Refining News

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Tempest Minerals reports encouraging early gold assay results from its inaugural drilling at the Range Gold Project, extending mineralisation from surface near a major planned mill expansion.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Dimer Taipan Gold Project to upgrade and extend its mineral resource ahead of mining operations scheduled for late 2025.

Black Canyon Limited has expanded its footprint in the east Pilbara by acquiring strategic tenements adjacent to its Wandanya manganese and iron project, unlocking new exploration potential ahead of planned drilling in 2026.

Melbana Energy’s latest drilling at Amistad-2 in Cuba reveals excellent reservoir quality but disappointingly no oil production, prompting a strategic pivot in exploration plans.

Impact Minerals is reigniting exploration at its vast Broken Hill project in NSW, leveraging rising metal prices and a proprietary multi-metal ratio to uncover high-grade platinum group metals and base metals.

BPH Global has locked in a six-month exclusive agreement to evaluate a proprietary ginseng-based formulation aimed at enhancing male vitality, signaling a strategic push into Traditional Chinese Medicine-inspired wellness products.

Koonenberry Gold has mobilised a second drill rig at its Enmore Gold Project in NSW, aiming to accelerate exploration along a promising 2km shear zone. Backed by strong funding, the company targets significant gold discoveries with a major follow-up drilling program underway.

Petratherm Limited reports robust metallurgical results from its Rosewood Titanium Heavy Mineral Sands Project, highlighting high-quality heavy mineral concentrates and promising recoveries that reinforce the project’s potential.

Great Dirt Resources has reported rock chip assays revealing manganese grades up to 51.8% at its Basin and Neranghi projects in NSW, underpinning a promising new deposit model and advanced geophysical research.

Kinetiko Energy has secured the first tranche of funding from FFS Refiners to accelerate development of a pilot LNG gas plant at Brakfontein, marking a key step in its multi-phase Project Alpha.

Imagion Biosystems reports encouraging findings from its Wayne State University collaboration, supporting a lower dose for its MagSense® HER2 imaging agent ahead of a planned FDA IND submission in Q4 2025.