Latest Gold Mining News

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.

Pacgold is set to enhance production at its White Dam Gold Project with the arrival of new screening and crushing equipment, aiming to ramp up heap leach throughput to 350 tonnes per hour. Assay and leach test results expected soon will clarify the production outlook for 2026-2027.

Horizon Minerals has taken a decisive step to fast-track its Black Swan Processing Hub by ordering critical long lead items, underpinning its transformation into a 2.2Mtpa gold processing facility near Kalgoorlie.

African Gold Ltd has secured court approval to convene shareholder and optionholder meetings to vote on Montage Gold Corp’s proposed acquisition scheme, with director backing and a detailed timetable now in place.

Resolute Mining has reported a substantial 60% increase in its gold Mineral Resources and a 55% rise in Ore Reserves, driven by strategic acquisitions and exploration success across West Africa. The Doropo project in Côte d’Ivoire now anchors over a third of the company’s reserves, signaling a new growth phase.

Theta Gold Mines has entered Phase 2 of construction at its TGME Gold Project, signing major contracts for structural, mechanical, platework, and piping works. The modular construction approach aims to cut costs and speed up delivery, targeting over 100,000 ounces of gold production annually.

Brightstar Resources has completed a US$120 million senior secured bond issue, complementing a recent A$193 million equity raise, to fully fund its Goldfields Project and advance the Sandstone Project towards final investment decision.

Brightstar Resources has successfully upsized its Share Purchase Plan to $18 million, raising total equity proceeds of $193 million to fully fund its Goldfields Project and accelerate development at Sandstone.

Orezone Gold Corporation reported a robust 33% revenue increase for FY2025, driven by higher gold prices despite a slight production dip, while advancing its Bomboré hard rock expansion and announcing a major Quebec mine acquisition.