Latest Australian Gold Mines News

Pantoro Gold has reported impressive high-grade drilling results at its OK Underground Mine, confirming mineralisation continuity and resource growth potential at depth within the Norseman Gold Project.

Rand Mining Ltd and its joint venture partners have completed over 10,600 metres of drilling at the East Kundana Joint Venture, confirming continuity of mineralisation and identifying high-grade gold zones that underpin upcoming resource updates.

Ramelius Resources has completed its acquisition of Spartan Resources through a court-approved scheme, issuing new shares that start deferred trading ahead of normal settlement next week.

Spartan Resources held a pivotal Scheme Meeting to decide on Ramelius Resources' proposed acquisition, with the board unanimously backing the deal. The transaction offers Spartan shareholders a mix of cash and Ramelius shares, pending court approval.

Brightstar Resources has unveiled a robust feasibility study for its Laverton-Menzies gold projects, targeting 70,000 ounces per annum and a pre-tax NPV of AUD 316 million. The study outlines a clear path to production ramp-up and strategic funding plans.

Capricorn Metals has extended its mining contract with MACA Ltd for Karlawinda and named MACA preferred contractor for Mt Gibson, locking in cost certainty and supporting production growth.

Catalyst Metals has completed its acquisition of the Old Highway Gold Project, setting the stage for a significant expansion across multiple mining sites in Western Australia.

The Australian Taxation Office has issued a binding ruling clarifying the tax treatment for De Grey Mining shareholders following Northern Star Resources’ acquisition. The ruling confirms capital gains tax deferral options for eligible investors.

Spartan Resources Limited shareholders are set to vote on a scheme of arrangement for Ramelius Resources Limited to acquire all Spartan shares, creating a leading Australian gold producer with a pro forma market capitalization of $5.3 billion.

Black Cat Syndicate reports promising underground drilling results at its Paulsens Gold Operation, with development progressing faster than planned in the newly targeted Gabbro Veins. The company is poised to ramp up production as exploration continues.

Northern Star Resources has completed its acquisition of De Grey Mining through a scheme of arrangement, issuing new shares to De Grey shareholders and initiating De Grey’s imminent ASX delisting.

Odyssey Gold has initiated a Technical Study to explore mining and processing strategies for its Tuckanarra Project, leveraging a new partnership with Monument Murchison Ltd to potentially process ore at the nearby Burnakura Mill.