Latest Gold Mining Industry News

Verity Resources has reported outstanding metallurgical test results from its Korong deposit, achieving an average gold recovery of 92.75%, reinforcing confidence in the Monument Gold Project’s pathway to mining.

De.mem Limited has closed a $500,000 unsecured shareholder loan facility to fund the rapid expansion of its recently acquired Core Chemicals business amid strong demand from the gold mining sector.

De.mem Limited has successfully integrated Core Chemicals Pty Ltd, exceeding initial revenue expectations and setting the stage for geographic and sector expansion in the Australian gold mining chemicals market.

Perseus Mining has tabled a binding offer to acquire all remaining shares of Predictive Discovery, offering a significant premium and aiming to strengthen its African gold portfolio.

Predictive Discovery Limited has received a compelling unsolicited acquisition proposal from Perseus Mining, valuing the company at approximately A$2.1 billion and triggering a critical matching rights period with Robex Resources.

De.mem Limited has completed its $3 million acquisition of Core Chemicals, a specialty chemical supplier to Western Australia's gold mining sector, significantly expanding its market footprint and boosting pro-forma EBITDA to $1.6 million.

De.mem Limited has acquired Core Chemicals Ltd for approximately $3 million, significantly expanding its footprint in the Australian gold mining sector and enhancing its pro-forma EBITDA to $1.6 million.

The Supreme Court of Western Australia has approved Gold Fields’ acquisition of Gold Road Resources via a scheme of arrangement, setting the stage for a significant consolidation in the gold mining sector.

Chrysos Corporation reported a strong FY25 with 46% revenue growth and key contracts signed with industry leaders, setting an optimistic tone for FY26.

Ramelius Resources has completed its acquisition of Spartan Resources through a scheme of arrangement, leading to Spartan's imminent delisting from the ASX. Shareholders received a mix of Ramelius shares and cash as part of the transaction.

The Supreme Court of Western Australia has approved the scheme of arrangement for Ramelius Resources to acquire Spartan Resources, marking a significant consolidation in the gold mining sector.

The Supreme Court of Western Australia has approved Ramelius Resources' acquisition of Spartan Resources, setting the stage for a significant consolidation in the gold mining sector.