Latest Gold Mining News

Pan African Resources has issued over 102 million new shares as part of the settlement for its acquisition of Emmerson, increasing its total issued shares to more than 2.4 billion ahead of trading commencing on 1 July 2026.

Theta Gold Mines has secured US$18.6 million via placement and options exercise, completing equity funding for its US$90 million bond and advancing the TGME Gold Mine towards first production in early 2027.

Forrestania Resources is set to acquire the Edna May Gold Hub from Ramelius Resources for A$300 million, including a 2.9Mtpa mill and a 945,000-ounce gold resource, aiming to restart processing by mid-2027.

Forrestania Resources is set to acquire Ramelius Resources’ Edna May Gold Hub for A$300 million, aiming to restart the 2.9Mtpa Edna May mill by mid-2027 and expand its processing capacity.

Black Cat Syndicate has significantly expanded gold resources at its Kal East operation, lifting Trojan's resource by 62% to 202koz and refreshing Imperial to 84koz, underpinning plans to expand processing capacity and extend mine life.

West Wits Mining has fully repaid its USD 12.5 million Nebari loan facility, unlocking the path to financial close and imminent drawdown of a ZAR 875 million (~USD 53 million) senior loan. This milestone underpins the Qala Shallows Project’s ramp-up to steady-state gold production.

Vault Minerals has fully settled its remaining gold hedge positions, paying $31.2 million from cash reserves with no shareholder dilution. This move leaves the company entirely unhedged, maximizing its exposure to current gold prices.

Theta Gold Mines (ASX: TGM) reports substantial progress on its TGME Gold Project, with major construction activities well underway and critical equipment nearing delivery, reinforcing its path to production in 2027.

Resolute Mining is set to receive A$77 million by the end of June 2026, marking full repayment of the Vendor Financing Promissory Note tied to its 2020 sale of the Ravenswood Gold Mine. This cash inflow bolsters the company’s financial flexibility as it advances its West African growth projects.

New Murchison Gold Limited (ASX:NMG) has boosted its Garden Gully Gold Project mineral resource by 47%, adding maiden resources for Lydia and Abbotts and lifting total contained gold to 359,000 ounces.

Ramelius Resources secures a key environmental nod from WA EPA, clearing the Roe Project to advance via a streamlined Part V approval process and setting the stage for early works in late 2026.

Pacgold has poured its second gold doré bar at White Dam and is fast-tracking plans to restart mining at Vertigo pit six months ahead of schedule.