Latest Gold Mining Development News

Rox Resources has signed a binding Native Title Mining Agreement with the Badimia Barna Native Title Claim Applicant, clearing a critical hurdle for the Youanmi Gold Mine in Western Australia and setting a framework for cultural heritage and community benefits.

Medallion Metals has appointed Macmahon Underground as the preferred contractor for its Ravensthorpe Gold Project underground mining, securing a $240 million, three-year deal that undercuts prior feasibility estimates by $20 million.

Challenger Gold has completed an A$85 million equity raise backed by key insiders and appointed a new leadership team to drive its transition from exploration to development at Hualilan and El Guayabo.

West Wits Mining has locked in a comprehensive ZAR 1.115 billion project finance package with Absa Bank and Nedbank CIB, clearing a critical hurdle toward steady-state gold production at Qala Shallows by late 2028.

West Wits Mining has locked in a ZAR 875 million senior loan facility with Absa and Nedbank, replacing earlier funding and boosting support for its Qala Shallows project; the first new South African gold mine in over 15 years.

West Wits Mining has poured its first gold from the Qala Shallows project in South Africa, marking a pivotal shift from development to production. This milestone positions the company as the newest gold producer in the historic Witwatersrand Basin.

Great Divide Mining has raised $2.5 million through a share placement to fund development at its Challenger Gold Mine and progress other key projects.

MetalsTech Limited has strengthened its balance sheet with a $3.3 million strategic placement and cleared debt, pushing forward the Pre-Feasibility Study for its Sturec Gold Mine in Slovakia. The study is on track for completion by year-end, aiming to unlock significant project value.

MetalsTech Limited’s substantial shareholders have finalized an off-market sale of 23.6 million shares, raising over $11 million and reshaping the company’s ownership landscape.

Genesis Minerals has secured regulatory approval for Stage One mining at Tower Hill, aligning the project with its mill expansion plans and setting the stage for production in FY28.

New Murchison Gold Limited reports a series of high-grade gold intersections from regional drilling across multiple prospects in Western Australia's Abbotts Greenstone Belt, signaling promising growth beyond its flagship Crown Prince Gold Mine.

MetalsTech Limited’s executive director and spouse have sold over 23 million shares to three new private mining investors, injecting nearly A$11.2 million and potentially accelerating development of the Sturec Gold Mine.