Latest Gold Mining News

Auric Mining has raised $6.66 million through a strongly supported placement to fund key acquisitions and boost gold production amid record prices.

Catalyst Metals Limited has secured A$150 million in equity to fund organic growth and exploration across its flagship Plutonic Gold Belt and Bendigo Gold Belt projects. The company aims to nearly double gold production to around 200,000 ounces per annum while reducing costs through strategic acquisitions and infrastructure leverage.

Catalyst Metals has raised $150 million through an institutional placement to fund growth projects at its Plutonic Gold Belt and bolster its balance sheet. This capital injection positions the company to expand production and advance exploration without financial strain.

Dateline Resources has revised its gold price assumption to US$2,900/oz for the Colosseum Gold Project, significantly enhancing the project's economic outlook ahead of its Bankable Feasibility Study.

Gorilla Gold has completed the acquisition of the remaining 49% stake in the Comet Vale Project, boosting its ownership to 100% and positioning itself to expand the high-grade gold resource.

West Wits Mining Limited (WWI) has addressed recent spikes in its share price and trading volume, linking the activity to funding developments, a strong gold price, and positive market commentary.

Lycopodium Limited has secured a significant A$40 million contract to deliver engineering and construction management services for Osino’s Twin Hills Gold Project in Namibia, aiming for first gold production in early 2027.

West African Resources reports exceptional high-grade gold intercepts from diamond drilling below existing reserves at its M1 South underground mine, signaling a potential boost to its resource base and long-term production outlook.

Aguia Resources has initiated gold sales from its Santa Barbara Project in Colombia, marking a significant step as the company ramps up production and advances operational capacity.

Ballymore Resources reports outstanding metallurgical test results from its Dittmer Project, confirming high recoveries of gold, silver, and copper through multiple processing methods, including promising cyanide alternatives.

Brightstar Resources outlines an ambitious growth plan to boost gold production from 20koz to 200koz per annum by 2029, anchored by upcoming feasibility studies and resource upgrades across its Western Australian hubs.

First Au Limited’s trading suspension has been lifted following its announcement of a significant gold asset acquisition, signaling renewed market activity for the miner.