Latest Gold Mining News

Medallion Metals has appointed Macmahon Underground as the preferred contractor for its Ravensthorpe Gold Project underground mining, securing a $240 million, three-year deal that undercuts prior feasibility estimates by $20 million.

Native Mineral Resources (ASX:NMR) delivered a record 861.3oz doré smelt on 11 August 2026, marking a 46% rise from early August and pushing total production past 1,450oz in two weeks. Mining milestones at Blackjack South Pit and advancing development at multiple sites underpin the company’s growing momentum.

Maritana Minerals has secured key regulatory approvals and is progressing critical non-process infrastructure at its Black Swan Processing Hub, keeping the project on track for first gold production in the second half of 2027.

Orezone Gold Corporation’s latest drilling at Bomboré reveals significant extensions and high-grade zones, setting the stage for a material resource and reserve upgrade expected in early 2027.

Macmahon Holdings has been appointed as the preferred underground mining contractor for Medallion Metals’ Ravensthorpe Gold Project, locking in a $240 million, three-year deal starting December 2026.

Citigold Corporation has outlined a $4.5 million share placement aimed at repaying a $2 million secured loan and shoring up its working capital, pending receipt of funds.

Newmont and Barrick have settled all disputes related to their Nevada Gold Mines joint venture, agreeing to contribute previously excluded properties and updating governance terms. Newmont will pay Barrick $1.95 billion, while also consenting to Barrick's proposed North American gold assets IPO.

Wia Gold’s Kokoseb Gold Project in Namibia jumps to 3.78 million ounces in updated resource estimate, unveiling a maiden underground inferred resource and reinforcing its development potential.

Kaiser Reef has initiated underground development at the Union Hill Gold Mine, marking a significant step in unlocking the Maldon Gold Project's exploration and production potential.

Theta Gold Mines is issuing 32.8 million shares at 18 cents each to settle a longstanding US$11.6 million unsecured loan, adjusting its capital structure without shareholder approval.

Lycopodium has secured a A$93 million EPCM contract to expand Artemis Gold’s Blackwater Mine in Canada, boosting the mine’s throughput capacity to one of the largest in the country.

Evolution Mining plans to release its FY26 financial results on 19 August, highlighting 715koz gold and 66kt copper production with robust cash flow and cost metrics.