Latest Gold Mining News

Lefroy Exploration has achieved a major milestone with its first gold production from the Lucky Strike Gold Mine, shipping three gold doré bars to the Perth Mint. The initial toll milling campaign is progressing well, with further processing capacity negotiations underway.

Genesis Minerals has announced a recommended scheme to acquire Magnetic Resources for A$639 million, significantly expanding its gold resource base and advancing its ambitious ASPIRE 500 production goal.

Regis Resources reports robust underground Ore Reserve growth at the Tropicana Joint Venture, extending mine life and boosting confidence in future production. The latest figures reveal a 500,000-ounce increase since 2021, underscoring the asset’s world-class status.

Forrestania Resources has contracted Como Engineers to deliver a fully automated modular gold processing plant for its Lake Johnston facility, marking a key step towards production. The $5.57 million plant will be pre-assembled and hot tested to streamline commissioning.

Newmont Corporation’s 2025 Annual Report reveals a robust financial performance driven by higher gold prices and portfolio optimisation, alongside significant progress in key development projects and sustainability initiatives.

Ramelius Resources reports a statutory loss for H1 FY26 driven by Spartan acquisition expenses, yet underlying EBITDA rises on higher gold prices. Integration of Dalgaranga and progress on Rebecca-Roe signal growth ahead.

Perseus Mining reported a 5% revenue increase to US$608.5 million for the half-year ended December 2025, despite an 8% drop in net profit and a 26% decline in gold production. The company declared a steady interim dividend and outlined ongoing operational challenges and corporate restructuring.

Forrestania Resources has signed a binding ore purchase agreement with Westgold Resources, marking its official transition to gold production with an initial $7.2 million parcel of ore.

Horizon Minerals has successfully raised A$175 million through a two-tranche institutional placement, complemented by a planned A$10 million share purchase plan, to fund the development of its Black Swan Processing Hub near Kalgoorlie.

Genesis Minerals has reported a remarkable fourfold increase in net profit after tax to A$238 million for the first half of FY26, driven by a 58% rise in gold production and robust margins. The company’s strong cash position and accelerated growth plans position it well for the year ahead.

Regis Resources Limited has announced a fully franked ordinary dividend of AUD 0.15 per share for the six months ending December 2025, signalling steady returns for shareholders.

Ramelius Resources has delivered its first ore from the Never Never deposit to the Mt Magnet plant, marking a key step in its growth strategy, while also closing out its FY27 gold hedge book to increase exposure to rising gold prices.