Latest Refining News

Bulletin Resources has significantly expanded its Lake Rebecca Gold Project, nearly doubling its size through strategic acquisitions, while facing regulatory challenges at its Ravensthorpe Lithium Project. The company maintains a robust financial position as it plans targeted drilling and reviews next steps.

Noronex Limited has advanced its copper and uranium exploration with significant drilling results in Namibia and a strategic expansion into Botswana, backed by South32 funding and a recent capital raise.

Summit Minerals has significantly expanded the soil anomaly footprint at its Equador Niobium Project in Brazil and secured $1.67 million through a placement and fully underwritten rights issue to advance exploration.

FMR Resources has commenced a 4,000m diamond drilling program at its newly acquired Chilean copper-gold-molybdenite project, supported by a $3.4 million capital raise and strategic board appointment.

Belararox Limited has kicked off its 2025/26 field season in Argentina and progressed drilling in Botswana’s Kalahari Copper Belt, supported by a recent A$8.5 million capital raise that strengthens its financial position.

Westar Resources reported strategic tenement adjustments and promising assay results at its Mageye prospect during the September 2025 quarter, while maintaining a cautious cash position and continuing exploration efforts.

Carbine Resources reports steady progress on its Muchea West and Down South silica sand projects, securing key approvals and expanding exploration activities while maintaining a robust cash balance.

Elementos Limited advances its Oropesa Tin Project in Spain and Cleveland Tin Project in Tasmania, securing a binding option to acquire 50% of a Spanish tin smelter, positioning itself as the European Union’s primary vertically integrated tin producer amid strong tin prices.

Helix Resources is gearing up for a pivotal drilling campaign at its White Hills copper-gold project in Arizona while advancing resource updates at Gold Basin and reassessing its nickel-cobalt-scandium assets in New South Wales.

Peninsula Energy reported a $7.3 million operating cash outflow for Q3 2025, alongside securing a $12.6 million convertible debt facility to advance its Lance Project in Wyoming. The company ends the quarter with $36 million in cash, supporting an estimated six quarters of funding.

Piche Resources has secured crucial environmental approvals for its Argentine projects, setting the stage for an extensive drilling campaign at Cerro Chacón and advancing uranium exploration at Sierra Cuadrada and Ashburton.

Zinc of Ireland NL reported steady progress across its Irish and Australian projects in Q3 2025, with significant geochemical and geophysical surveys underway and drilling completed at Mt Clere awaiting assay results.