Latest Gold Mining News

West Wits Mining has announced a substantial 44% increase in its gold resource at the Witwatersrand Basin Project, boosting the total to 7.24 million ounces and setting the stage for imminent production at Qala Shallows.

Brightstar Resources has successfully raised $180 million through a $175 million institutional placement and a $5 million share purchase plan, fully funding its Goldfields development and advancing the Sandstone project towards a final investment decision.

Santana Minerals has finalized a crucial land access agreement with the Central Otago District Council, paving the way for the Bendigo-Ophir Gold Project to advance pending regulatory approval.

Brightstar Resources has completed its strategic acquisition of Aurumin Limited, consolidating its Sandstone gold assets and boosting production by 12% in the December quarter. The company also advanced key feasibility studies, underpinning a promising growth trajectory.

Focus Minerals Limited delivered a record gold pour in November 2025, supported by stable milling and robust mining operations across its Coolgardie Gold Project. The company’s strong quarterly production and solid cash position highlight its operational momentum heading into 2026.

Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.

Beacon Minerals delivered a strong December quarter with increased gold production and improved recovery rates, while progressing key mining and exploration activities at the Lady Ida Gold Project.

Savannah Goldfields Limited reported a quarterly cash flow deficit but anticipates positive cash flow from resumed gold production and has extended its key loan facility to ease near-term pressures.

Savannah Goldfields has resumed gold production at its Georgetown plant with strong sales and exploration results, backed by a $15 million capital raise to fuel growth and new project development.

Toubani Resources has secured key environmental approvals and a $395 million funding package to propel its Kobada Gold Project in Mali towards construction, alongside launching its largest-ever drilling campaign targeting resource expansion.

Vertex Minerals has advanced its underground gold production at the Reward Gold Mine, commissioning tele-remote mining systems and securing $4.5 million in loan facilities to support its ramp-up phase.

Theta Gold Mines has reported significant progress in constructing its TGME Gold Project in South Africa, securing A$60.7 million in funding and maintaining a clear path to first gold production by late 2026.