Latest Gold Mining Operations News

Genesis Minerals (ASX:GMD) reported a 172% jump in net profit to A$601.8 million for FY26, backed by record production and a major acquisition. The company declared its first fully franked dividend and set sights on completing a transformative merger with Vault Minerals.

Flynn Gold’s metallurgical tests at its Golden Ridge Project in northeast Tasmania demonstrate strong gold recoveries from lower-grade mineralisation, supporting bulk mining potential and advancing project development.

Newmont and Barrick have settled all disputes related to their Nevada Gold Mines joint venture, agreeing to contribute previously excluded properties and updating governance terms. Newmont will pay Barrick $1.95 billion, while also consenting to Barrick's proposed North American gold assets IPO.

CleanSpace has secured its largest-ever industrial order, worth approximately A$1.9 million, from a global mining customer operating in Indonesia, signalling growing confidence in its respiratory protection technology.

Volt Group has delivered a record $5.1 million in half year revenue receipts for HY26, more than doubling prior year results, driven by strong contributions from its 4D Delta acquisition and solid performances across Wescone and EcoQuip.

Zeus Resources (ASX:ZEU) is set to acquire the Diaguili copper-gold project in Mauritania for US$2 million, backed by a fully funded $2 million placement. The shallow historical drilling shows promising copper grades, with mineralisation open at depth and along strike.

Everest Metals has kicked off a 2,000m reverse circulation drilling program at its Mt Dimer Exploration Project in Western Australia, supported by a $145,000 co-funding grant from the WA Government’s Exploration Incentive Scheme. The campaign targets three high-priority gold anomalies adjacent to existing mining operations, aiming to extend known mineralisation.

Magmatic Resources’ Phase 3 drilling at the Weebo Project in WA has revealed significant bedrock gold mineralisation across several prospects, including a standout 13.9 g/t intercept at Scone Stone, with further drilling planned for late 2026.

WA Gold has completed seven diamond drill holes at Abercromby, advancing its resource definition and feasibility study toward a potential gold mining operation with assay results due this month.

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

Iceni Gold has secured a farm-in and joint venture agreement with Gold Fields, unlocking up to $10 million in exploration funding at the Everleigh-Tatong prospect within its 14 Mile Well Gold Project in Western Australia.

The court-approved scheme for Pan African Resources to acquire Emmerson Resources has taken effect, leading to Emmerson shares being suspended and shareholders set to receive Pan African CDIs.