Latest Gold Mining News

Tolu Minerals announces a leadership change with Dr Chris Muller stepping in as CEO to guide the company through a pivotal phase of exploration and production at the Tolukuma Gold Mine.

Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.

Tesoro Gold has released an expanded and upgraded scoping study for its Ternera open pit project in Chile, revealing strong economics and a 1.82 million ounce gold resource. The study highlights a straightforward development path with low capital costs and excellent gold recoveries.

Magnetic Resources NL has secured all necessary mining leases for its Lady Julie Gold Project, marking a critical step towards production. Supported by a robust feasibility study and a recent resource upgrade, the project is now development-ready.

Gold Road Resources has announced a fully franked special dividend of $0.43694 per share, contingent on its acquisition by Gold Fields’ Gruyere Holdings. The dividend will reduce the cash consideration payable under the scheme, with the board urging shareholders to approve the deal.

St Barbara Limited advances negotiations with Papua New Guinea authorities on the Simberi Mining Lease extension, while awaiting revised tax reassessments that could unlock project expansion.

Northern Star Resources reaffirms its Ore Reserves and Mineral Resources as of March 2025, maintaining steady production targets and a robust balance sheet while advancing key growth projects including the KCGM Mill Expansion and the Hemi Development Project.

West Wits Mining has raised $17.5 million through a discounted share placement to accelerate gold production at its flagship Qala Shallows project in South Africa. This capital injection, alongside existing loans, positions the company to advance toward steady-state output.

Theta Gold Mines has officially begun construction at its flagship TGME Gold Mine in South Africa, securing key contracts and funding support that pave the way for production by early 2027.

Native Mineral Resources has significantly increased gold production at its Blackjack operations, producing 700 ounces of gold doré bars in its latest smelts, marking a clear step towards steady-state operations.

St Barbara Limited has withdrawn its Supreme Court appeal over reclamation conditions at the Touquoy Mine, citing improved regulatory cooperation in Nova Scotia, and is now investigating reopening the mine to process 3.1 million tonnes of low and medium grade gold stockpiles.

Gold Road Resources has lowered its 2025 gold production guidance and raised cost estimates following operational setbacks at the Gruyere joint venture mine.