Latest Gold Mining News

Ora Banda Mining (ASX:OBM) reported a substantial expansion of its Mineral Resources and Ore Reserves at the Davyhurst Gold Project, driven by exploration success and significant drilling investment.

Toubani Resources has secured a US$208 million funding package combining a US$160 million gold stream and a US$48 million equity raise, ensuring Kobada Gold Mine construction stays on track for first gold in Q3 2027.

Kaiser Reef delivered 6,000 ounces of gold in Q2 2026, resolved operational issues at Henty, cut debt by nearly $2 million, and bolstered its balance sheet with a A$37.2 million cash position.

Genesis Minerals confirms Regis Resources will not counter its binding acquisition proposal for Vault Minerals, leaving the path clear for Vault's board to consider Genesis's offer as the superior bid.

Aguia Resources has delivered a breakthrough month at its Santa Barbara Gold Project in Colombia, tripling gold production to 851.9 grams from 100 tonnes processed in June while cutting capital and operating costs dramatically.

Rox Resources has received the last major environmental approval for its Youanmi Gold Mine, enabling full-scale construction of the processing plant and advancing underground mining ahead of schedule.

Regis Resources has declined to counter Genesis Minerals' superior takeover proposal for Vault Minerals, triggering an expected termination of the merger agreement and a $50.7 million break fee payment to Regis.

Pantoro Gold's FY2026 gold output fell below expectations due to contractor and labour shortages, prompting a strategic operational review. The company targets 90,000 to 105,000 ounces in FY2027 with a stabilisation-first approach and significant investments in new ore sources and infrastructure.

Xingye Gold has increased its takeover bid for Far East Gold to $0.15 per share, conditional on securing majority ownership by 21 July 2026, and extended the offer period to 29 July. The improved price offers a significant premium amid ongoing project and financial risks at Far East Gold.

Odyssey Gold’s Stage 1 Scoping Study for the Tuckanarra Project outlines a low-capital, high-margin open-pit mining operation producing 79,000 ounces of gold over 29 months with pre-tax cashflows of A$180 million at A$6,000/oz gold price.

DPM Metals delivered a robust 102,000 gold equivalent ounces in Q2 2026, driven by Chelopech’s strong grades and Vareš mine’s steady ramp-up. The company also returned over US$49 million to shareholders through share buybacks amid ongoing project developments.

Catalyst Metals has secured forward contracts for 30,000 ounces of gold at a fixed price of A$6,075 per ounce, covering about a quarter of its upcoming production and providing a buffer against price swings starting August 2026.