Latest Gold Mining News

Auric Mining has reported strong financial and production results from its inaugural gold processing campaign at the Munda Starter Pit, generating A$16.85 million in sales and netting over A$10.8 million after costs. The company is gearing up for a second campaign in January 2026 as it advances plans for a major expansion.

Black Cat Syndicate has completed the final $25 million payment for its Lakewood processing facility acquisition, fully funded by operating cashflow, marking a key milestone in its Kal East gold operation.

Rumble Resources’ latest Scoping Study reveals a promising underground gold mining project at Western Queen South with low capital costs and strong financial returns, setting the stage for rapid development and potential resource expansion.

Theta Gold Mines reports steady progress on its TGME Gold Project with key civil works milestones achieved, keeping the project on schedule for commissioning by the end of 2026.

Native Mineral Resources has surpassed 1,000 ounces of gold production at its Blackjack Gold Project, marking a key transition to steady-state operations. The company is also advancing critical infrastructure and environmental approvals to support future growth.

DPM Metals has released a robust feasibility study for its Čoka Rakita gold project in Serbia, confirming strong economics with a $782 million net present value and a 36% internal rate of return at $1,900 per ounce gold. The study highlights increased reserves, low costs, and a clear path to production by 2029.

Sunshine Metals has upgraded its shallow gold resource at the Liontown prospect by 14%, enhancing contained ounces and grade ahead of a mining study due in January 2026. The company is advancing drilling and environmental permitting as it targets first production next year.

Beacon Minerals Limited reports a substantial 276% increase in gold resources alongside strategic exploration and development plans, setting the stage for extended mine life and shareholder returns.

West African Resources Limited has resumed trading on the ASX following a government request to acquire an additional 35% stake in its Kiaka subsidiary, signaling a notable shift in ownership dynamics.

West African Resources is advancing negotiations with the Burkina Faso Government over equity interests in its Kiaka gold project, proposing alternatives to direct government ownership to boost national benefits without diluting shareholder value.

Perseus Mining has extended its on-market share buy-back program by another year, signaling cautious capital management amid uncertain market conditions. The company has yet to acquire shares under the program but remains poised to act depending on evolving factors.

Vault Minerals has settled all its gold forward sales contracts for the second half of FY26 six months early, boosting its exposure to rising gold prices and reinforcing its shareholder value strategy.