Latest Gold Mining Sector News

MGX Resources has completed its $50 million acquisition of a 50% stake in the Central Tanami Gold Project, positioning itself for a major push in one of Australia's highest-grade gold ventures.

Matsa Resources has completed processing its second campaign of gold ore from the Devon Pit, producing 23 gold doré bars valued at approximately $25.2 million, with mining for Campaign 3 already underway.

De.mem Limited has reported its strongest December quarter yet, with record cash receipts and a positive operating cash flow for the full year, underpinned by recurring revenues and strategic expansion into the gold mining sector.

West African Resources Limited reported a robust cash flow for the December 2025 quarter, ending with a strong cash position of A$584.1 million. The company’s operating activities generated significant cash inflows, offsetting substantial investing and financing outflows.

Novo Resources has responded to an ASX price query, attributing recent share price and volume spikes to insider buying and rising gold prices, while confirming no undisclosed material information.

Ramelius Resources confirms it is on track to meet its FY26 gold production guidance, with key projects progressing smoothly and a substantial share buyback program underway.

Triton Minerals has executed a pivotal Shareholders Cooperation Deed with NQM Gold 2 Pty Ltd, marking significant progress under their Share Sale and Purchase Agreement. This step sets the stage for governance arrangements ahead of project completion.

Robex Resources shareholders have overwhelmingly approved a merger with Predictive Discovery Limited, setting the stage for a combined entity targeting over 400,000 ounces of gold production annually by 2029.

Kingsgate Consolidated has secured a US$25 million standby loan facility with Nebari, significantly reducing its debt and improving financing terms. This move marks a major step in the company’s de-gearing strategy while maintaining funding flexibility.

Robex Resources has amended its acquisition agreement with Predictive Discovery, lowering the exchange ratio and postponing the shareholder meeting to December 30, 2025. The Robex Board unanimously recommends approval, supported by updated fairness opinions.

Perseus Mining has terminated its binding offer for Predictive Discovery following the acceptance of a revised merger agreement between Predictive and Robex Resources. Despite the improved terms for Predictive shareholders, Perseus remains unconvinced and holds the door open for future moves.

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.