Latest Gold Development News

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme deal, offering Aurumin shareholders a premium and securing $50 million in fresh capital to fast-track development of the Sandstone gold district in Western Australia.

Horizon Gold Limited has reinforced the potential of its Gum Creek Gold Project, boasting a 2.14 million ounce resource and progressing steadily towards a feasibility study completion in early 2026.

Robex Resources reports steady progress on its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025. Key construction milestones and drilling results underpin confidence in the project’s near-term potential.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Barton Gold Holdings has entered binding terms to acquire the Wudinna Gold Project in South Australia, adding 279,000 ounces of gold resources to its portfolio. The $15 million transaction, largely settled in shares and milestone payments, awaits Cobra Resources shareholder approval.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their tenement holdings in Western Australia's Central Sandstone region, aiming to create a major gold development opportunity with a combined resource of approximately 2.4 million ounces.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed scrip deal offers Aurumin shareholders a premium, though completion remains uncertain pending due diligence.

Barton Gold Holdings has updated its Challenger Gold Project resources near the Central Gawler Mill to 223,000 ounces of gold, setting the stage for a potential low-cost production start by late 2026. The company’s total gold resources now stand at 1.9 million ounces, supported by extensive drilling and metallurgical testwork.

Blackstone Minerals has completed its acquisition of IDM International, issuing over 692 million shares and 83 million options, significantly expanding its copper-gold portfolio with the Mankayan project in the Philippines.

Following its merger with IDM International, Blackstone Minerals announces key board and management changes to spearhead development of the Mankayan Copper-Gold Project in the Philippines.

Augustus Minerals has secured a key position in the Mt Kare Gold Project by acquiring ACM Contract Mining PNG Ltd, positioning itself second-in-line for the exploration license in Papua New Guinea.