Latest Gold Assets News

FireFly Metals has turned a year of aggressive drilling into a substantially larger, higher-confidence Green Bay resource, backed by an August PEA and fresh funding. The next test is execution: feasibility, permits, construction decisions and the capital required to build a mine.

ASX has granted Hammer Metals waivers allowing it to cancel 29.5 million options and restructure its capital for the proposed Austral Resources deal and Western Australian gold demerger. The transaction still depends on the scheme becoming effective, while the demerger requires shareholder approval.

Aureka Limited is set to become a gold producer after signing a binding agreement to acquire High Grade Holdings, including the Fiddlers Creek underground mine and Wedderburn processing mill in Victoria. The majority scrip, low cash deal valued at $8.9 million unlocks immediate production and processing capacity for Aureka’s Victorian gold projects.

First Au Limited has secured a foothold in the Sandstone gold district of Western Australia by acquiring five tenements with substantial historical drilling data, aiming to fast-track a maiden JORC-compliant Mineral Resource.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Voltaic Strategic Resources has expanded its foothold in Western Australia's Meekatharra gold district with the acquisition of the Ruby Gem Project and initiated field exploration across its portfolio.

Freehill Mining navigates severe weather disruptions in Chile's Coquimbo region with steady aggregates sales and advances copper expansion plans, leveraging legislative changes to boost production capacity.

Talisman Mining secures A$4 million through a strongly supported placement, including significant board participation, to fund exploration and new project opportunities in gold-rich NSW and Western Australia.

Celsius Resources disputes foreclosure attempts by Equinaire over its 40% stake in Makilala Mining amid court rulings and pending arbitration.

L1 Gold Fund Limited (ASX:LGF) has launched a retail entitlement offer aiming to raise up to $261.7 million by issuing one new share for every three held, priced at $2.25 each. This follows a $254.9 million institutional placement and entitlement offer completed earlier in August.

MGX Resources and Tanami Gold have contracted Macmahon Underground for a $38 million build of a 3.5km underground decline at Groundrush, aiming to upgrade 400,000 ounces of inferred gold resources and push the Central Tanami Project towards a 2027 development decision.

Encounter Resources has appointed Simon Hay as Non-Executive Chairman and promoted Will Robinson to Managing Director/CEO, aligning leadership with its expanding niobium and copper-gold projects. The company’s Aileron niobium resource surged 54% in 2026, underpinning development ambitions.