Latest Gold Mining News

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.

Westgold Resources Limited has announced a 3 cent per share final dividend for the financial year ending June 2025, payable in October. The dividend is unfranked, reflecting the company’s current tax position.

Westgold Resources has transformed into a top five Australian gold producer following its merger with Karora Resources, delivering record gold production and declaring a 3-cent final dividend.

Native Mineral Resources has marked a key milestone with three gold pours totaling around 300 ounces at its Blackjack operation, signalling a successful ramp-up to full-scale production.

Perseus Mining has reported record FY25 financial results with a 16% rise in profit after tax and announced a 50% increase in dividends alongside a renewed A$100 million share buyback program.

Perseus Mining Limited reported a robust FY25 with a 21.7% revenue increase to US$1.25 billion and a 15.6% rise in profit after tax to US$422 million, driven by higher gold prices despite slightly lower production. The company also declared a final dividend and completed a significant share buyback.

Perseus Mining Limited has announced an on-market buy-back program to repurchase up to 40 million ordinary shares over the next year, signaling a strategic move in capital management.

Brightstar Resources has kicked off a significant underground drilling campaign at its Fish Mine, aiming to extend mine life and upgrade mineral resources for future production growth.

Savannah Goldfields Limited has announced a $15 million equity raising through a placement and conditional placement, offering free attaching options subject to shareholder approval. The capital raise aims to strengthen the company’s financial position and support its operational restart plans.

MetalsTech Limited’s executive director and spouse have sold over 23 million shares to three new private mining investors, injecting nearly A$11.2 million and potentially accelerating development of the Sturec Gold Mine.

Emerald Resources NL has posted a record after-tax profit of A$87.6 million for FY25, driven by robust gold prices and steady output at its Okvau Gold Mine. The company also reported significant resource expansions at its Memot and Dingo Range projects, while achieving a debt-free status.

Horizon Minerals is progressing its Pre-Feasibility Study to convert the Black Swan plant to gold production, aiming for a 1.5Mtpa throughput and a Financial Investment Decision by early 2026.