Latest Gold Mining News

Lunnon Metals has completed mining at its Lady Herial gold open pit ahead of schedule, delivering a record month in July and generating $35 million pre-tax free cash flow to date.

WIN Metals has validated exceptional metallurgical recoveries exceeding 95% at its Radio Gold Project, reinforcing its path toward a near-term development decision.

Far East Gold Ltd (ASX: FEG) has explained the delayed filing of a director’s interest change notice, attributing the lag to the off-market takeover bid process by Xingye Gold. The company is reinforcing its disclosure policies to prevent future delays.

Wia Gold has locked in A$125 million through a placement at A$0.425 per share, completing the funding package for its Kokoseb Gold Project in Namibia. This capital raise, alongside a proposed US$360 million debt facility, sets the stage for construction and first gold production targeted in late 2028.

Redcastle Resources has secured a crucial Native Title and Mining Agreement with the Wangkatja Tjungula Aboriginal Corporation, paving the way for advancing its strategically important Mining Lease Application M39/1171 adjacent to its Queen Alexandra operations.

Medallion Metals has appointed Macmahon Underground as the preferred contractor for its Ravensthorpe Gold Project underground mining, securing a $240 million, three-year deal that undercuts prior feasibility estimates by $20 million.

Native Mineral Resources (ASX:NMR) delivered a record 861.3oz doré smelt on 11 August 2026, marking a 46% rise from early August and pushing total production past 1,450oz in two weeks. Mining milestones at Blackjack South Pit and advancing development at multiple sites underpin the company’s growing momentum.

Maritana Minerals has secured key regulatory approvals and is progressing critical non-process infrastructure at its Black Swan Processing Hub, keeping the project on track for first gold production in the second half of 2027.

Orezone Gold Corporation’s latest drilling at Bomboré reveals significant extensions and high-grade zones, setting the stage for a material resource and reserve upgrade expected in early 2027.

Macmahon Holdings has been appointed as the preferred underground mining contractor for Medallion Metals’ Ravensthorpe Gold Project, locking in a $240 million, three-year deal starting December 2026.

Citigold Corporation has outlined a $4.5 million share placement aimed at repaying a $2 million secured loan and shoring up its working capital, pending receipt of funds.

Newmont and Barrick have settled all disputes related to their Nevada Gold Mines joint venture, agreeing to contribute previously excluded properties and updating governance terms. Newmont will pay Barrick $1.95 billion, while also consenting to Barrick's proposed North American gold assets IPO.