Latest Refining News

Hammer Metals has kicked off a Reverse Circulation drilling campaign at its Mount Isa Kalman project, aiming to upgrade inferred copper-gold resources and expand near-surface mineralisation. The program supports an upcoming Scoping Study and reflects optimism due to recent strength in copper, molybdenum, and rhenium prices.

Catalina Resources has broadened its exploration footprint at Beasley Creek, unveiling multiple new copper-gold-silver targets along a key structural corridor and securing $180,000 in Western Australian government funding to kickstart drilling.

European Resources has more than doubled its Korsnäs rare earth resource following a successful drilling program and metallurgical advances, underpinning a $3.4 million capital raise to fund further development.

True North Copper has kicked off a major 2026 drilling campaign at its Mt Oxide Project, aiming to extend the Aquila copper-cobalt-silver discovery and advance resource growth across the district.

INOVIQ Limited is on track to complete its EXO-OC™ ovarian cancer screening study by mid-2026 and is accelerating its CAR-exosome therapy program, supported by a strong cash position of A$11.9 million.

Whitehaven Coal’s March quarter production fell 14% due to seasonal wet weather in Queensland, but coal prices rose sharply and refinancing cut interest costs by up to A$55 million annually.

NH3 Clean Energy has marked strong progress in its WAH2 clean ammonia project by appointing Linde Engineering for FEED and securing a 15-year water supply agreement, setting the stage for a final investment decision by year-end.

Rumble Resources has pushed deeper into its Western Queen Central deposit with a standout 9.45m intercept grading 11.16 g/t gold, reinforcing a string of high-grade hits that promise a significant resource upgrade.

King River Resources Ltd (ASX: KRR) has completed its acquisition of the Mindoolah Gold Project in Western Australia’s Murchison Province, unveiling a sophisticated exploration program leveraging digital twin technology and high-resolution geophysics to target substantial unmined high-grade gold mineralisation.

29Metals has delivered strong final drill results from its 2025 program at Golden Grove, revealing high-grade copper and zinc intercepts that promise to boost mineral resources and mine flexibility. The company plans a significant exploration budget increase for 2026 to capitalize on this momentum.

Trek Metals has confirmed exceptional manganese grades at its Kuro Prospect, secured expanded tenure, and completed a $15 million capital raise to fund maiden drilling starting May 2026.

QMines Limited’s latest drilling at Mount Mackenzie confirms a broad, structurally controlled high-grade gold system with multiple mineralised zones open at depth and along strike.