Latest Gold Mining Sector News

Ramelius Resources has obtained regulatory relief from ASIC, extending the deadline to make its takeover offer for Spartan Resources by an additional 31 days, a move that could influence the pace and outcome of the acquisition.

West African Resources has commenced mining and crushing at its Kiaka Gold Project in Burkina Faso, maintaining its schedule and budget for first gold production in the third quarter of 2025. The project’s progress signals a significant boost to the company’s annual gold output.

Chrysos Corporation has secured a landmark Master Services Agreement with Newmont Corporation, marking its first PhotonAssay unit deployment at the Ahafo mine in Ghana. This deal signals growing adoption of Chrysos’ cutting-edge gold analysis technology among top-tier miners.

Northern Star Resources has completed its acquisition of De Grey Mining through a scheme of arrangement, issuing new shares to De Grey shareholders and initiating De Grey’s imminent ASX delisting.

Kingsgate Consolidated Limited has announced an on-market share buy-back as part of its capital management strategy, signaling confidence amid current market conditions.

Macmahon Holdings has bolstered its orderbook with $172 million in underground mining contracts at the Deflector Gold Mine and Genesis Minerals’ Gwalia and Ulysses projects in Western Australia.

MLG Oz Limited has delivered a robust half-year performance with a 20.3% increase in statutory revenue and stable workforce numbers, setting the stage for anticipated growth in the second half of FY2025.

Ramelius Resources will release its half-year financial results for FY25 on 21 February, accompanied by a detailed investor conference call.

Pantoro Limited reports exceptional high-grade gold intersections from initial drilling in the Southern Mainfield of its Norseman Gold Project, reinforcing its strategy to expand underground mining operations.

Evolution Mining Limited has announced a fully franked ordinary dividend of AUD 0.07 per share for the half-year ending December 2024, accompanied by a Dividend Reinvestment Plan offering a 5% discount.

Northern Star Resources has announced a fully unfranked dividend of AUD 0.25 per share, payable on March 27, 2025, reflecting its financial results for the half-year ended December 31, 2024.

Kingsgate Consolidated Limited celebrates a key production milestone at its Chatree Gold Mine with the 100th gold pour since March 2023, alongside rising head grades and ore volumes exceeding forecasts.