Latest Gold Mining Companies News

Beacon Minerals Limited has announced a proposed 40, 1 share consolidation aimed at creating a more effective capital structure and enhancing its share price appeal. The move awaits shareholder approval at the July 7 general meeting.

Beacon Minerals Limited has announced plans for a significant 40-for-1 consolidation of its shares and options, pending shareholder approval in July 2025. This move aims to streamline the capital structure and adjust option exercise prices accordingly.

MAC Copper Limited has entered a binding agreement for acquisition by Harmony Gold, offering shareholders a compelling 32% premium and signalling a major consolidation in the copper mining sector.

Citigold Corporation Limited has had its trading suspension lifted immediately following the submission of its reissued half year financial report and responses to ASX compliance queries.

Citigold Corporation Limited has faced intense ASX scrutiny following an adverse auditor opinion on its half-year financials, centering on a $20 million impairment of exploration assets. The company defends its valuation approach despite funding uncertainties and regulatory questions.

Mako Gold Limited’s securities have been suspended from ASX trading following Aurum Resources’ dispatch of compulsory acquisition notices, signaling a pivotal ownership transition.

Ten Sixty Four Limited has revealed a staggering net loss of US$43 million for the year ended June 2024, alongside a sharp 94% revenue decline and a modified audit opinion, raising fresh questions about its financial stability.

African Gold Ltd has had its trading suspension lifted following a formal response to ASX's price query and the release of new exploration results, signaling renewed market activity.