Latest Gold Market News

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Deterra Royalties has agreed to sell its non-core gold offtakes and royalties to Vox Royalty Corp for US$60 million, marking the completion of its divestment of Trident-acquired assets and reinforcing its strategic focus on base and battery metals.

AuKing Mining has agreed to acquire 100% of Orion Resources, gaining full ownership of the Cloncurry Gold Project, a move that positions the company for near-term production and significant exploration upside.

Caspin Resources has secured an option to earn an 80% interest in the Weethalle Gold Project, a compelling large-scale gold target in New South Wales, with drilling planned to start in late October 2025.

Magmatic Resources has initiated a focused 3,700-metre drilling campaign at its Weebo Gold Project in Western Australia, targeting promising gold mineralisation zones at Scone Stone and Ockerburry. This move comes as gold prices reach record highs, positioning the company for potential significant discoveries.

Hastings Technology Metals has agreed to sell its Western Australian gold assets to Metal Bank Limited for A$2.3 million in shares, enabling a sharper focus on its flagship rare earths project. The deal includes key management moves and an in-specie share distribution to Hastings shareholders.

Adelong Gold has locked in a $1.25 million strategic investment from Nova Minerals and Barclay Wells clients, enabling accelerated exploration at its NSW and Victorian gold-antimony projects.

AuKing Mining has locked in a A$5 million credit facility with RiverFort Global Capital to fast-track exploration and development at its Cloncurry Gold Project, setting the stage for near-term gold production in Queensland.

SSH Group has kicked off site preparation at the Mt Fisher Gold Project, setting the stage for drilling and resource upgrades that could unlock significant value from historic stockpiles and tailings.

High-Tech Metals has initiated site works at its Mt Fisher Gold Project, aiming to validate historic data and accelerate near-term production through bulk sampling and drilling.

Krakatoa Resources has deployed a second drill rig at its Zopkhito antimony-gold project in Georgia, accelerating efforts to convert historical resource estimates into a JORC-compliant Mineral Resource.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.