Latest Gold Mining News

Aguia Resources has reported its best-ever gold production at the Santa Barbara project in Colombia, with metallurgical improvements driving recovery rates above 85%. The company is poised to achieve positive cash flow soon as it completes plant mechanisation and optimises mining operations.

Pantoro Gold is set to commence development of its third underground mine at the Norseman Gold Project early in FY27, targeting high-grade ore and production growth. The move follows strong drilling results and resource confidence, underpinning the company’s ambitious expansion strategy.

Horizon Minerals reports strong gold production from Phillips Find and a robust cash position, setting the stage for upgrading its Black Swan Processing Hub.

Westgold Resources has approved a $145 million expansion of its Higginsville Processing Hub, increasing capacity by 62.5% and aiming to lift Southern Goldfields production by 60,000 ounces annually while cutting processing costs by nearly a quarter.

Pantoro Gold has reported a robust first half of FY2026 with record EBITDA and cash flow, while revising full-year production guidance due to weather and operational transitions. The appointment of Redpath as sole underground contractor signals a strategic move to streamline operations and support future growth.

Toubani Resources has given the green light to its Kobada Gold Project in Mali, marking a significant milestone with construction now underway and first gold production targeted for late 2027.

Star Minerals has obtained the crucial Native Vegetation Clearing Permit, completing all regulatory approvals to commence mining at the Tumblegum South Gold Project in Western Australia.

Western Gold Resources is advancing its Gold Duke Project with a 12,000-metre Life of Mine extension drilling program running alongside Stage 1 production, aiming to boost resources and extend mine life.

Classic Minerals has teamed up with Bain Global Resources to explore expanding its Goldbridge Processing Facility into a regional hub, aiming to boost gold production across Western Australia's Forrestania district.

Pan African Resources has agreed to acquire Emmerson Resources via a scheme of arrangement valued at approximately A$311 million, offering Emmerson shareholders a 36.4% premium. The deal aligns interests in the Tennant Creek Joint Venture and provides exposure to a larger gold producer.

Auric Mining has reported exceptional gold production from its Munda Starter Pit, delivering 8,475 ounces to date; significantly exceeding budget forecasts and confirming the site’s substantial resource potential.

Lycopodium Limited has landed a major A$118 million contract to engineer and supply the Tulu Kapi Gold Project in Ethiopia, marking a significant step toward full gold production by mid-2028.