Latest Gold Assets News

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, boasting nearly 900,000 ounces of shallow, high-grade gold resources. The company is set to initiate a substantial $28 million equity raise to fund an extensive 50,000-metre drilling campaign aimed at rapidly expanding the resource base.

EcoGraf Limited has secured key prospecting licences for its Golden Eagle Project in Tanzania, triggering a $9 million farm-in agreement with global gold giant AngloGold Ashanti. This partnership positions EcoGraf to benefit from exploration upside while focusing on its core graphite business.

Sierra Nevada Gold (ASX – SNX) has won the rights to explore the expansive As Safra copper-gold project in Saudi Arabia, marking a strategic expansion into a high-potential mining district aligned with the Kingdom’s Vision 2030 ambitions.

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Westgold Resources is set to demerge its non-core Reedy and Comet gold projects into a new ASX-listed entity, Valiant Gold, aiming to unlock value and fast-track cash flow through a strategic ore purchase agreement.

Metal Bank Limited addresses ASX concerns over recent share price volatility, confirming a pending Mineral Resource Estimate announcement and recent strategic moves as key drivers.

WIN Metals has raised A$5.5 million through a heavily oversubscribed placement to fund drilling and development at its Radio Gold Mine and Butchers Creek projects, aiming to fast-track gold production.

Skylark Minerals has completed its acquisition of Ricca Resources’ Côte d’Ivoire gold assets, unlocking a substantial resource base and enabling accelerated exploration plans for early 2026.

Predictive Discovery Limited has amended its acquisition deal with Robex Resources, creating a combined gold producer with over 400,000 ounces annual output by 2029 and sidelining Perseus Mining’s competing offer.

Krakatoa Resources has reported strong visual antimony mineralisation from underground and surface drilling at its Zopkhito project in Georgia, extending the option period by 12 months to advance resource definition and transaction milestones.

Ore Resources Ltd has raised A$7.5 million through an oversubscribed equity placement to accelerate gold exploration at its Coolgardie and Randalls projects in Western Australia. The funds will underpin an expanded drilling program targeting key prospects in 2026.