Latest Gold By Products News

Alkane Resources has reported a transformational FY2026, with the Mandalay merger helping lift revenue to A$935.8 million and profit after tax to A$228.7 million. The enlarged gold and antimony producer has also declared its first dividend and approved a buy-back, while setting broadly stable production guidance for FY2027.

St Barbara is positioning itself as a debt-free Nova Scotia gold developer after a proposed A$453 million Simberi exit, with a potential special dividend and share buy-back still on the table. Its updated 15-Mile study points to a larger reserve, longer mine life and stronger project economics, but those figures remain study-based and conditional on execution.

Raiden Resources posted a wider FY2026 loss after impairing A$8.86 million of exploration assets, while its cash and term deposits fell to A$11.98 million. The company is now concentrating on Brazil’s Crixás gold tailings project, Bulgarian exploration and a proposed divestment of most of Mt Sholl.

New Murchison Gold turned its Crown Prince operation into a powerful cash generator, reporting $146.95 million in net profit after tax and $201.7 million in cash for the nine months to 30 June 2026. The next test is whether Cloudkicker, Lydia and the Crown Prince underground opportunity can extend that performance.

Antipa Minerals has selected a preferred processing and mine development configuration for its Minyari Dome project, combining gold doré with a separate copper concentrate. The decision advances the study, but pushes the pre-feasibility study release into November 2026 while costs and project economics are finalised.

Kingsgate Consolidated has increased Nueva Esperanza’s Ore Reserves by 31% for silver and 37% for gold, extending the assumed reserve life beyond 12 years. The gains are largely driven by higher price assumptions and lower royalties rather than new drilling.

Red Hill Minerals has more than doubled FY2026 net profit to A$20.1 million as its Onslow Iron royalty delivered A$28.8 million in income. The ASX-listed miner declared a fully franked final dividend of 10.8 cents per share, taking FY2026 distributions to 22.4 cents per share.

Tolu Minerals has locked in a K95 million (approx. A$30 million) debt facility from a Papua New Guinea bank, complementing its A$50 million cash reserves to fully fund the restart of its Tolukuma Gold Mine. Production is targeted for the first quarter of 2027, with an updated Mineral Resource Estimate due imminently.

Austral Gold nearly doubled its gold equivalent production in the first half of 2026, driven by the Casposo restart and Guanaco operations, delivering a US$15.5 million net profit and extending Guanaco’s mine life to 14 years.

Alkane Resources delivered a transformational FY26 with a 590% surge in net profit to A$228.7 million, driven by its merger with Mandalay Resources and record gold equivalent production. The company declared its first fully franked dividend and confirmed solid FY27 guidance.

Medallion Metals has raised A$60 million through a targeted placement, boosting its liquidity to about A$175 million and enabling accelerated development of its Ravensthorpe Gold Project and drilling programs in Western Australia.

Rox Resources (ASX: RXL) has reported strong underground drilling results at Youanmi’s United North area, with mineralisation extending beyond the Definitive Feasibility Study (DFS) mine plan and infrastructure contracts advancing, keeping the project on track for mid-2027 gold production.