Latest Gold Mining News

Northern Star Resources has revised its FY26 production outlook downward amid operational hurdles at KCGM and Jundee, while its mill expansion project remains on track for early FY27 commissioning.

African Gold Ltd has sent out the Scheme Booklet to shareholders detailing the proposed acquisition by Montage Gold Corp, setting the stage for pivotal meetings on April 13. The Independent Directors back the deal, pending no superior offers and expert endorsement.

Evolution Mining has confirmed a fully franked dividend of AUD 0.20 per share for the half-year ending December 2025, alongside a Dividend Reinvestment Plan price set at AUD 14.4695 with no discount.

Westgold Resources has locked in a $600 million unsecured revolving credit facility with top-tier lenders, enhancing its financial flexibility and liquidity to support future growth.

Sunshine Metals has launched a significant resource definition drilling program at its high-grade Liontown Gold Panel, aiming to bolster underground mining prospects and update resource estimates.

Resolute Mining has approved the final investment decision for its Doropo Gold Project in Côte d’Ivoire, initiating construction in the first half of 2026 and aiming to boost annual gold output beyond 500,000 ounces by 2028.

Magnetic Resource NL has significantly increased the underground production target for its Lady Julie Gold Project, extending mine life and improving production rates in a new scoping study update.

Auric Mining has received the final $2.2 million cash distribution from its Jeffreys Find Gold Mine joint venture, bringing total cash returns to $16.5 million and significantly strengthening its financial position.

Neometals has secured a 30-day extension to its exclusivity period with BML Ventures for the Ironclad Deposit development, allowing both parties to finalise due diligence and internal studies ahead of a joint venture agreement.

Gibb River Diamonds reports over 5,200 ounces of gold produced from its Neta Gold Project, generating nearly AUD 38 million in sales, with final processing results pending. The company anticipates a significant cash payment soon and plans further drilling at Edjudina.

Vertex Minerals has renegotiated a $3 million loan and secured an additional $1.5 million facility to support underground development and gold production at its Reward Gold Mine, aiming to repay from positive cash flow in 2026.

Ora Banda Mining has reported a staggering 964% increase in its Round Dam gold resource, boosting its total global mineral resources to 3.3 million ounces. This leap underscores the company’s aggressive organic growth strategy and ongoing exploration success.