Latest Gold Development News

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.

Zenith Minerals has secured Program of Work approval to launch a new drilling campaign at its Dulcie Far North gold project, following a 40% resource increase. The company is also advancing development studies and exploring multiple new regional gold targets.

Astral Resources has launched a recommended takeover offer to acquire Maximus Resources, creating a leading Western Australian gold developer with combined mineral resources of approximately 1.8 million ounces.

Astral Resources has launched a recommended takeover offer for Maximus Resources, valuing the company at $31 million and combining their gold resources to form a leading Western Australian developer with approximately 1.8 million ounces of gold.

Horseshoe Metals has broadened its Horseshoe Lights project area and entered a strategic agreement with Melody Gold to process gold surface materials, advancing its copper-gold development plans in Western Australia.

Caprice Resources has launched a 5,000m drilling program at its Island Gold Project and expanded its West Arunta copper-niobium exploration tenure, supported by a $2.5 million capital raise. The company is sharpening its focus on high-grade gold assets in the Murchison goldfields while advancing large-scale greenfield projects.

Venus Metals Corporation has initiated a reverse circulation drilling campaign at its Hilltop Prospect within the Henderson Gold Project, aiming to test promising high-grade gold mineralisation identified in recent sampling.

Geopacific Resources reported a challenging quarter ending December 2024 with significant cash outflows, prompting a $40 million entitlement offer to secure funding for its Woodlark Project.

Tennant Minerals has advanced its high-grade Bluebird copper-gold discovery with an extensive drilling campaign and forged a strategic alliance to accelerate resource development in the Tennant Creek region.

Castile Resources has validated a cutting-edge seismic method to pinpoint ironstone orebodies, setting the stage for a major drilling campaign and a robust Bankable Feasibility Study backed by a $4.1 million capital raise.

Truscott Mining Corporation reports significant progress in its Tennant Creek gold projects, underpinned by robust research and plans for expanded drilling funded through new capital raising.