Latest Gold Exploration And Development News

Aurumin Limited proposes a scheme of arrangement for acquisition by Brightstar Resources, with an independent expert confirming the deal is fair and reasonable. The transaction offers Aurumin shareholders exposure to a larger gold portfolio and enhanced market presence.

Wia Gold Limited’s latest scoping study for the Kokoseb Gold Project in Namibia confirms a low-cost, long-life open pit operation with compelling economics and significant upside potential.

Metal Bank Limited has signed a binding agreement to acquire key gold assets from Hastings Technology Metals, marking a significant expansion of its Western Australian portfolio. Drilling has already commenced at the Whiteheads Project’s Seven Leaders prospect, signaling early progress.

Hastings Technology Metals has signed a binding agreement to sell its gold assets to Metal Bank Limited in a share-and-cash deal, marking a strategic pivot towards rare earths and niobium development.

Barton Gold Holdings has been added to the S&P Dow Jones ASX All Ordinaries Index, marking its rise among Australia's top 500 companies. The company is accelerating development of its South Australian gold projects, targeting significant production milestones by 2026.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Emmerson Resources and Tennant Mining have formalised the White Devil Gold Project as a Major Mine JV, with Emmerson retaining a 40% contributing interest. Meanwhile, the Golden Forty deposit shifts to a Small Mines JV, providing Emmerson with a royalty stream.

Kairos Minerals reports significant wide and high-grade gold intercepts from recent drilling at Mt York’s Main Hill, reinforcing potential for resource growth ahead of a key update.

Castle Minerals has initiated a focused auger drilling campaign at its Kandia Gold Project in Ghana, aiming to extend known mineralised zones and explore new targets identified through advanced aeromagnetic data. The company also plans a similar campaign at Kpali and is pursuing a strategic acquisition in Côte d’Ivoire to broaden its West African footprint.

Far Northern Resources has confirmed a combined JORC-compliant gold resource of over 117,000 ounces across its Northern Territory and Queensland projects, with Phase 2 drilling at Bridge Creek set to commence in September 2025.

Horizon Gold has successfully closed its $7 million entitlement offer with an 86% take-up, raising nearly $6 million and planning to place the remaining shortfall shares soon.

Forrestania Resources has signed a binding agreement to acquire North Iron Cap Pty Ltd, securing a JORC-compliant gold resource of approximately 106,000 ounces at the North Ironcap project. This acquisition strengthens Forrestania’s foothold in Western Australia’s prolific gold belt.