Latest Refining News

Marvel Gold Limited has significantly expanded its Tanzanian Hanang Gold Project and identified promising gold anomalies, setting the stage for its first drilling program. Meanwhile, the company finalised the sale of its Mali Tabakorole project, strengthening its financial position.

Legacy Iron Ore Limited reported solid progress in its September 2025 quarter, advancing gold production at South Laverton and pushing forward feasibility and environmental studies at the Mount Bevan magnetite project.

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.

Beonic Limited has locked in a $7.3 million contract for its North African Airport Project following a successful proof of concept, while reporting improved gross margins and positive cash flow in Q1 FY26. The company also completed a $4.3 million capital raise to support growth and innovation.

Norwood Systems reports a second consecutive quarter of positive operating cash flow, enabling debt reduction and progress in key projects with Optus and Microsoft. The company also secured multiple industry awards, underscoring its innovation momentum.

Culpeo Minerals has completed its maiden diamond drilling at the La Florida Prospect, revealing promising high-grade copper mineralisation and setting the stage for expanded exploration in Chile’s prolific Coastal Cordillera.

Oakajee Corporation has wrapped up a significant drilling campaign at its Paynes Find gold project in Western Australia, with assay results expected next quarter. The company maintains a solid financial footing as it advances exploration.

Axel REE Limited has reported maiden JORC Inferred Mineral Resource Estimates for rare earth elements and gallium at its Caladão Project in Brazil, alongside promising metallurgical test results and an expanded mineralised footprint.

Great Boulder Resources has completed a record 26,000 metres of drilling at its Side Well Gold Project during the September quarter, uncovering multiple high-grade gold intersections and securing $5 million in new funding to accelerate exploration.

Catalina Resources has reported significant gold and rare earth element mineralisation from its Laverton drilling campaigns and secured a 100% interest in the Beasley Creek Gold Project, positioning itself for growth in Western Australia’s mineral sector.

Reach Resources has made significant progress at its Murchison South Gold Project, confirming high gold recovery rates and preparing for an extensive drilling campaign to upgrade resource confidence.

Lithium Universe Limited has secured exclusive rights to a breakthrough silver extraction technology from Macquarie University, promising high-purity silver recovery from solar panels while preserving valuable silicon wafers. This innovation complements their existing recycling and lithium refining strategies in North America.