Latest Gold Mining News

Northern Star has completed the crucial tie-in for KCGM’s expanded mill, but the integrated plant remains in the early stages of commissioning after a weaker September quarter. FY27 production and cost guidance is unchanged, while negative underlying free cash flow and a A$500 million debt draw add financial tension.

Regis Resources maintained FY27 production and cost guidance after September rainfall cut first-quarter output to 83.0koz and pushed AISC to $3,617/oz. Cash and bullion still rose to $1.28 billion, although a large tax payment and dividend have created a significant near-term cash call.

Bellevue Gold has kept FY27 production and cost guidance intact despite a slower-than-expected mining contractor ramp-up that reduced September-quarter output to 35,585 ounces. The company also cut forward sales commitments to 57.5koz, increasing its future exposure to spot gold prices while capital spending weighed on free cash flow.

Kaiser Reef has fully repaid its 1,872-ounce Auramet gold loan using cash generated by the Henty mine, removing a recurring delivery obligation worth about A$0.6 million a month at current gold prices. The company still owes Catalyst Metals 2,400 ounces through October 2030.

Ramelius Resources has converted its Spartan acquisition into early production at Dalgaranga, a 79% lift in Ore Reserves and a pathway to more than 600,000 ounces a year by FY30. The trade-off is a much larger execution program, with Mt Magnet expansion and Rebecca-Roe development still ahead.

St Barbara reported a $489.7 million FY26 statutory profit, but almost all of it came from the deconsolidation of New Simberi Gold rather than recurring operations. The annual report also confirms a debt-free balance sheet, a 5-cent fully franked dividend and a portfolio moving from transaction-making to project delivery.

Orezone Gold delivered record consolidated production of 59,674 ounces in the third quarter, with both Bomboré and Casa Berardi positioned for stronger output in the final quarter. The company has reiterated its 2026 production guidance despite a seven-day wildfire-related suspension at Casa Berardi.

Auric Mining has moved from study work towards execution at its Burbanks-Munda gold plan, securing processing infrastructure for A$1.2 million and reporting strong Munda drilling results. The company is targeting mining at Munda in late 2027 and first gold from Burbanks in early 2028, subject to approvals and project execution.

Vault Minerals has completed dispatch of the scheme booklet for its proposed merger with Genesis Minerals, moving the transaction into its decisive shareholder-vote phase. An independent expert has backed the deal as being in shareholders’ best interests, subject to no superior offer emerging.

Native Mineral Resources has surpassed 6,000oz of refined gold production at Blackjack, while its latest weekly smelt produced 527.6oz of doré. October’s record ambitions now depend on Perth Mint results and two remaining smelts.

Kaiser Reef produced 6,263 ounces of gold in the September quarter and lifted its cash and bullion balance to A$40 million. The company is also set to repay the remaining Auramet gold loan this month, although Henty output remains below management’s target.

Meeka Metals produced 7,237 ounces of gold in the September quarter, up 13% from the previous three months, while Andy Well underground ore continued to exceed reserve-grade expectations. Cash rose to $51 million as the company shifted from open-pit mining towards a two-underground-mine operation.