Latest Gold Mining Sector News

Predictive Discovery Limited has raised A$69.2 million through a strategic placement with the Lundin Family and Zijin Mining, bolstering its financial position to advance the Bankan Gold Project in Guinea.

Aurum Resources has closed its takeover offer for Mako Gold, securing over 91% ownership and initiating compulsory acquisition of remaining shares.

Aurum Resources has announced the suspension of trading and imminent delisting of Mako Gold from the ASX following its successful takeover. Mako shareholders are urged to accept the offer before the deadline to avoid delays in payment.

Torque Metals Limited and Aston Minerals Limited have formalised a Scheme Implementation Agreement, setting the stage for Torque Metals to acquire Aston Minerals through a structured share and option scheme.

African Gold Ltd. has temporarily paused trading of its securities, signaling a potentially significant update on the horizon. Investors await clarity on what this development might mean for the gold miner’s future.

Great Divide Mining has completed due diligence on the Adelong Gold Project, clearing the way to acquire a 15% stake and take operational control. The company aims to swiftly restart production at the historic mine.