Latest Gold Exploration And Development News

Rox Resources has locked in A$350 million in debt facilities from a top-tier bank syndicate, fully funding the development of its Youanmi Gold Project in Western Australia. The company is poised to make its Final Investment Decision this quarter, moving closer to production.

African Gold Ltd has proposed a scheme of arrangement for Montage Gold Corp to acquire 100% of its shares, with an independent expert endorsing the deal as fair and reasonable. The African Gold board unanimously recommends shareholder approval, setting the stage for a significant consolidation in Côte d'Ivoire’s gold sector.

Carnavale Resources has completed critical drilling programs at its Kookynie Gold Project, pushing the Bankable Feasibility Study (BFS) forward and targeting a shovel-ready status by Q3 2026. The work upgrades resource confidence and supports detailed metallurgical and geotechnical studies.

Aurum Resources reports multiple broad, shallow, high-grade gold intercepts from its 30,000m drilling program at the Napié Gold Project in Côte d’Ivoire, underpinning an imminent resource update and growth strategy. The company’s dual-asset approach and strong balance sheet position it for a pivotal transition from explorer to developer in 2026.

Magnetic Resources NL reveals improved metallurgical testwork results for its Lady Julie North 4 gold deposit, showcasing a simpler, more cost-effective processing method that enhances gold recovery.

Kalamazoo Resources has appointed mining veteran Andrew McDougall as CEO to lead its flagship Ashburton Gold Project through critical feasibility stages and drive broader portfolio growth.

Horizon Gold Limited has raised A$30 million through a placement and entitlement offer to accelerate exploration and advance the feasibility study at its Gum Creek Gold Project in Western Australia.

Riversgold Limited has been granted a strategic tenement adjacent to its Northern Zone Gold Project near Kalgoorlie, setting the stage for imminent drilling and development alongside MEGA Resources.

Ballard Mining has announced a significant upgrade to its Baldock gold resource at the Mt Ida Project, with Indicated resources rising sharply to 1 million ounces, setting the stage for a maiden Ore Reserve and advancing project development.

Riversgold has completed a significant drilling campaign at its Northern Zone within the Kalgoorlie Gold Project, with mining lease approval expected imminently. Collaborative efforts with MEGA Resources are accelerating plans for gold extraction in 2026.

Rox Resources is advancing rapidly toward ore production at its Youanmi Gold Project, with underground mining progress, drilling programs underway, and critical plant construction contracts secured.

Ballymore Resources is progressing development at its high-grade Dittmer Gold Project with significant portal expansion, a 3,000-metre drilling program planned for Q2 2026, and trial mining of historic backfill and remnant pillars within a granted mining lease.