Latest Gold Mining News

Tesoro Gold has successfully dismissed initial legal claims from joint venture partner Wanaco SpA and increased its ownership in the El Zorro Gold Project to over 90%, reinforcing its strategic position in Chile.

Vertex Minerals has initiated underground mining at its Reward Gold Mine, marking a significant shift to high-grade gold extraction. The company is progressing steadily with infrastructure and mining fronts to sustain continuous production.

Greatland Resources has downgraded its FY26 gold production target and significantly increased capital expenditure forecasts for its Telfer Project, prompting a sharp share price reaction and detailed ASX disclosure.

Classic Minerals has completed a design study for a 250,000 tonnes per annum Carbon-in-Leach gold processing plant at Forrestania, appointing IPS Global as EPCM contractor and outlining a scalable growth strategy.

Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.

West African Resources Limited has unveiled an updated 10-year gold production plan, projecting a peak output of 569,000 ounces in 2029 supported by 12.2 million ounces in Mineral Resources and 6.5 million ounces in Ore Reserves.

Gibb River Diamonds has received the crucial Mining Proposal Permit for its Neta Gold Prospect, setting the stage for mining operations to begin with equipment mobilisation planned for August 2025.

AuKing Mining is accelerating feasibility work on reprocessing gold tailings at the historic Tick Hill mine, aiming to unlock early cash flows and support broader project development.

Black Cat Syndicate has awarded the Fingals open pit mining contract to Mineral Mining Services, initiating mobilisation and targeting an initial 120,000 ounces of gold production at its Kal East operation.

Manuka Resources has successfully completed a fully underwritten entitlement offer, raising nearly $8 million before costs, supplemented by an additional placement to sub-underwriters and creditors.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

Beacon Minerals has updated the Laterite Mineral Resource at its Iguana Deposit, reporting 1.2 million tonnes at 0.92 g/t gold for 36,000 ounces. This upgrade enhances confidence in the Lady Ida Project’s near-surface gold potential ahead of an ore reserve estimate expected next year.