Latest Gold Mining Sector News

Skin Elements has inked a binding deal to acquire the Mount Ida Gold Project in Western Australia, aiming to boost its gold assets through a planned capital raise. The move signals a pivot towards mining growth alongside its existing biotech ventures.

De.mem Limited has extended its growth streak with record quarterly cash receipts of approximately $10.4 million, a 31% increase year-on-year, alongside positive operating cash flow of $504,000 for the March 2026 quarter.

Predictive Discovery Limited has finalized its acquisition of Robex Resources, creating a combined entity aiming for over 400,000 ounces of gold production annually by 2029. The merger consolidates two key West African gold projects under one ASX and TSX-listed company.

African Gold Ltd shareholders and optionholders overwhelmingly approved schemes of arrangement to be acquired by Montage Gold Corp, setting the stage for a court approval hearing next week.

Robex Resources shares will halt trading on the ASX from April 10 following court approval of its merger with Predictive Discovery, marking a key step toward creating a major West African gold producer.

St Barbara has completed a major strategic transaction with Lingbao Gold Group, receiving A$389 million in cash and approving a US$333 million investment to expand the New Simberi Gold Project, setting the stage for a significant production boost.

Northern Star Resources announces a substantial on-market share buy-back program of up to A$500 million starting April 2026, aiming to enhance shareholder returns while maintaining financial strength.

St Barbara Limited has satisfied all conditions for its strategic Lingbao Gold Group transaction, targeting completion on 1 April 2026 with an anticipated A$0.5 billion gain on sale. Meanwhile, the Kumul Minerals deal awaits final PNG government approvals but is expected to close concurrently.

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.

St Barbara Limited is on track to complete key transactions with Lingbao Gold Group and Kumul Mineral Holdings, unlocking A$370 million in cash and advancing the New Simberi Gold Project.

Horizon Minerals has successfully raised $4.65 million through a Share Purchase Plan, supplementing a recent $175 million placement as it advances its Black Swan processing hub development.

Westgold Resources has completed the demerger of its non-core Reedy and Comet Projects to newly formed Valiant Gold, which has attracted $75 million in oversubscribed IPO applications ahead of its ASX debut.