Latest Gold Mining News

High-Tech Metals has secured a binding mining agreement with SSH Mining to advance the high-grade Wagtail Gold Deposit, enabling near-term production with minimal capital risk.

Black Cat Syndicate’s ongoing underground drilling at Paulsens has revealed extraordinary gold grades, including a standout 1.60m intercept at 623.94g/t Au. These results underpin the mine’s ramp-up and resource expansion plans.

Catalyst Metals Limited reported record FY2025 financial results driven by stable operations at the Plutonic Gold Belt and a buoyant gold price environment. The company plans to double annual gold production to 200koz through development of new mines and expanded exploration.

Beacon Minerals reported a $10.8 million loss for FY2025, driven by higher operational costs and a strategic shift to retain gold bullion. Despite increased gold production, profitability was squeezed by challenges at the MacPhersons mine and a 20% drop in gold sales.

Savannah Goldfields Limited is poised to restart gold production in 2025 at its Georgetown and Agate Creek sites, backed by solid ore reserves and ambitious exploration plans to extend mine life.

Tesoro Gold’s latest metallurgical testwork at the Ternera Gold Deposit reveals over 95% gold recovery using a simple, low-cost cyanide process, reinforcing the project’s economic potential and sustainable water use.

Gold Road Resources reports a robust half-year profit surge driven by higher gold prices and sales, while advancing a proposed acquisition by Gold Fields with a shareholder vote set for September.

Westgold Resources has declared a strong final dividend for FY25 and unveiled an enhanced dividend policy alongside a significant share buy-back program, signaling robust confidence in its growth and cash flow outlook.

Austral Gold Limited reported a net loss of US$1.3 million for the first half of 2025, while completing refurbishment of its Casposo plant to diversify production. Despite operational challenges and increased costs, the company leans on shareholder support and strategic investments to manage liquidity pressures.

Westgold Resources reports a transformative FY25 with record revenue and EBITDA following its merger, while navigating one-off costs and boosting dividends.

AuKing Mining has successfully closed a two-tranche placement raising $1.17 million, with directors actively participating, to fund its Cloncurry Gold Project acquisition and reduce existing debt.

Westgold Resources Limited has announced an on-market buy-back of up to 47.18 million shares, signaling a strategic move to manage capital and potentially boost shareholder value.