Latest Gold Mining News

Matsa Resources’ creditors have postponed a decision on the proposed restructuring of two subsidiaries after administrators received an alternative deed proposal at the meeting. A further report is expected before creditors reconvene on 12 November.

Northern Star says commissioning at the expanded KCGM plant remains uneven, with October output below plan and production tracking towards the lower end of guidance. November performance has stabilised so far, while the Hemi project has cleared its primary environmental approvals.

Vault Minerals says maximum-cash elections will be scaled back, while maximum-scrip elections will not be affected under the current indicative outcome for its proposed Genesis Minerals takeover. The preliminary allocation amounts to about $539.6 million in cash and 803.3 million new Genesis shares, subject to final changes.

St Barbara has restarted ore processing at its Touquoy operation in Nova Scotia on schedule, with first gold doré targeted for January 2027. The company has set FY27 production guidance of 17,000 to 21,000 ounces alongside substantial spending on growth, reclamation and exploration.

Savannah Goldfields has paused Georgetown production after processing its available Big Reef ore, with mining not expected to resume until the second quarter of 2027. The company ended September with A$1.23 million in cash and remains reliant on a material financing transaction while its securities stay suspended.

Orezone Gold has put a US$1.05 billion after-tax valuation on a 14-year Casa Berardi mine plan, with a planned East Mine restart and 1.63 million ounces of production. The economic case remains preliminary, includes Inferred Resources and reports no Mineral Reserves.

St Barbara has stacked three material updates into one day: Touquoy is cleared to restart processing, Nova Scotia resources have risen to 3.02 million ounces, and the board has approved a buyback of up to 100 million shares. The catch is a new federal impact assessment for the proposed 15-Mile processing hub, adding uncertainty to the company’s mid-2028 construction target.

Rand Mining will pay a fully franked 10 cents per share dividend after operating cash flow swung to a A$2.339 million inflow in the September quarter. Gold production reached 2,908 ounces attributable to Rand, although group gold mined fell 11% from the previous quarter.

Vertex Minerals has secured approval for round-the-clock underground operations at its Reward Gold Mine, removing the company’s stated biggest production constraint. The operational opening arrives alongside modest quarterly output, a sharply revised resource and reported cash coverage of less than half a quarter.

Focus Minerals generated A$180.1 million in customer receipts during the September quarter, while Bonnie Vale underground production rose alongside stable processing at Coolgardie. The company finished with A$184.6 million in cash, a A$95.1 million term deposit and a fully franked dividend paid to shareholders.

PDI Gold generated US$282.9 million in September-quarter revenue and ended the period with US$405 million in cash and bullion, despite weaker production at Nampala. The company maintained its 2026 output guidance as Kiniéro continued to carry the operating platform and Bankan moved closer to execution.

Emerald Resources delivered lower September-quarter production but generated A$112.4 million in pre-tax operating cash flow as its Cambodian mine sold gold at an average US$4,255 an ounce. The company kept FY27 guidance unchanged, advanced construction work at Dingo Range and Memot, and opened a potential US$400 million acquisition funding pathway.