Latest Gold Mining News

Manuka Resources has secured A$14.5 million through a placement to fund finishing its silver de-slime circuit and accelerate production at Wonawinta, targeting first gold sales by September and silver revenues from January 2027.

TechGen Metals has wrapped up diamond drilling at its Blue Devil Project in East Kimberley, intersecting pyrite-rich sedimentary rocks and quartz-carbonate-pyrite zones that hint at an intrusive-related gold system. Initial assay results are due next month, potentially setting the stage for further exploration.

Native Mineral Resources (ASX:NMR) has reported robust initial assay results from its North Pit drilling at Blackjack, Queensland, highlighting significant gold mineralisation with broad high-grade intervals.

Tolu Minerals has locked in a K95 million (approx. A$30 million) debt facility from a Papua New Guinea bank, complementing its A$50 million cash reserves to fully fund the restart of its Tolukuma Gold Mine. Production is targeted for the first quarter of 2027, with an updated Mineral Resource Estimate due imminently.

Lunnon Metals has wrapped up mining at Lady Herial ahead of schedule, producing gold volumes and financial outcomes closely matching its January 2026 Feasibility Study, generating approximately $39 million pre-tax free cash flow.

Catalina Resources is gearing up for maiden drilling at its Tallering Santy target in November 2026 while pushing Kirkalocka towards drill-ready status and launching first-ever fieldwork at Warriedar.

Rox Resources reports steady progress at Youanmi Gold Mine with processing plant construction and mining development proceeding on schedule, supporting a mid-2027 gold production target.

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.

Forrestania Resources completes A$300 million purchase of Edna May Gold Project, adding a second processing hub in Western Australia and raising over A$215 million in a major capital placement.

Koonenberry Gold has identified compelling drill-ready copper and gold targets at its Wilga Flats Project near Evolution Mining’s Cowal Gold Mine, with drilling set to begin after Dunedoo operations conclude.

Aurum Resources has unveiled new high-grade gold intercepts from 22 diamond drill holes at its Boundiali BST1 deposit in Côte d'Ivoire, confirming ongoing resource growth potential and advancing development plans toward production by 2028.

Cazaly Resources has completed the grant of all five tenements for its Romano Gold Project, finalising Dundas Minerals’ 80% earn-in joint venture with a $1.7 million cash and shares consideration. The project lies adjacent to the 6Moz Gruyere gold mine, setting the stage for systematic exploration.