Latest Gold News

Barton Gold has accelerated a study into supplying high-grade Challenger underground ore to its permitted Central Gawler Mill, after the project’s underground resource more than doubled to 230koz at 3.65 g/t gold. The work remains preliminary, with no mine plan, capital estimate or economic outcome yet disclosed.

Native Mineral Resources delivered a record 1,300.2oz of refined gold from Blackjack in October, supported by higher grades, throughput and plant recovery. A further 895.9oz doré smelt has opened November, although its final Perth Mint outturn remains pending.

First Au and Javelin Minerals have replaced their September takeover deed with an amended and restated agreement, keeping the core scrip exchange ratio unchanged. The transaction remains conditional, with the offer period scheduled to close on 30 November 2026 unless extended or withdrawn.

St Barbara has stacked three material updates into one day: Touquoy is cleared to restart processing, Nova Scotia resources have risen to 3.02 million ounces, and the board has approved a buyback of up to 100 million shares. The catch is a new federal impact assessment for the proposed 15-Mile processing hub, adding uncertainty to the company’s mid-2028 construction target.

Regis Resources has extended gold mineralisation beyond existing reserves at Garden Well and identified fresh-rock mineralisation beneath the largely regolith-hosted Moolart Well deposit. Strong intersections at Beamish South are now feeding a Mineral Resource update and potential Ore Reserve assessment.

Orbminco has completed the main technical studies for its Majestic North gold project, confirming free-milling ore and a potential low-capital Stage 1 route. The next hurdle is financial: the company held A$697,000 at quarter-end, equivalent to 0.59 quarters of reported funding.

Matsa Resources has proposed a $19.15 million funding and trust structure designed to keep two subsidiaries out of liquidation and preserve the Devon Gold Project. Creditors will vote on the arrangement on 6 November, but Deutsche consent and possible court orders remain outstanding.

Tesoro Gold has moved El Zorro’s Ternera deposit from a defined resource to a 1.28Moz mineable reserve, while a newly committed A$40 million placement addresses a reported 1.61-quarter cash runway. The next stage is less about proving the orebody and more about completing the DFS, permitting the project and converting funding into development progress.

Tolu Minerals has strengthened its case for an early 2027 Tolukuma restart, reporting record drilling, a 909,000-ounce resource and A$56.5 million in cash. The next test is execution: assays are delayed, plant refurbishment continues and underground development must translate into mineable reserves and ore supply.

Catalyst Metals has cut FY27 production guidance to 90,000-105,000 ounces after deferring Trident and Old Highway output to FY28. The downgrade comes despite a stronger balance sheet, a 2Moz Plutonic Reserve base and A$40 million of quarterly cash generation.

Beacon Minerals delivered a stronger September quarter, producing 6,250 ounces and recording A$21.6 million in net mine cash flow as throughput improved at its Jaurdi mill. The next test is whether the upgraded plant can sustain higher processing rates while the company advances its larger Iguana growth plan.

Native Mineral Resources’ first full year as a gold producer delivered A$24.1 million in revenue and a late-year production surge, but the balance sheet remains under acute pressure. The ASX-listed miner reported a A$34.8 million loss, negative operating cash flow and a material uncertainty over its ability to continue as a going concern.