Latest Gold Market News

Askari Metals has announced a significant 28% upgrade to the gold resource at its 100%-owned Burracoppin Gold Project in Western Australia, now containing 82,700 ounces of gold. The company highlights strong exploration potential and ongoing investor interest amid record gold prices.

Native Mineral Resources has raised $14.9 million through a Shortfall Placement and a major investment by Wes Maas, accelerating its plans for gold production at Charters Towers in Queensland.

Aurum Resources has closed its takeover offer for Mako Gold, securing over 91% ownership and initiating compulsory acquisition of remaining shares.

Metal Bank Limited reports significant progress across its Australian and MENA projects, including a strategic review of its Livingstone Gold Project and new exploration rights in Saudi Arabia and Jordan, supported by a fully subscribed $1.56 million entitlement offer.

Zinc of Ireland NL has applied for a new exploration licence in Western Australia's Murchison region, signaling a strategic pivot towards gold while refining its zinc and lead assets in Ireland and exiting Canadian holdings.

Rand Mining Ltd. reported a robust December quarter with 5,369 ounces of gold produced and a significant rise in operating cash inflows, underpinned by targeted drilling and operational efficiencies.

Carnavale Resources has reported significant drilling success at its Kookynie Gold Project, extending known high-grade gold lodes and discovering a new lode, Tiptoe, with promising mineralisation. The company is advancing exploration and development plans while divesting non-core assets to sharpen its focus on gold.

Gold Road Resources delivered record gold production and free cash flow in the December 2024 quarter, strengthening its balance sheet and setting ambitious 2025 guidance.

Native Mineral Resources secures a conditional $6.5 million investment from entrepreneur Wes Maas, supporting its Queensland gold projects and targeting production restart in Q3 2025.

Delta Lithium reports promising drilling outcomes at its fully permitted Mt Ida Gold Project, confirming resource growth potential and endorsing a standalone development strategy.

Bubalus Resources has appointed Brendan Borg as Managing Director, positioning the company to accelerate exploration at its Victorian Gold Projects amid a buoyant gold market.

Brightstar Resources has reported impressive high-grade gold intercepts from its inaugural drilling campaigns at the Montague-Boulder and Whistler deposits, reinforcing the potential for resource growth within its Sandstone Gold Project.