Latest Gold Mining Sector News

Gold Road Resources’ acquisition by Gold Fields has been legally approved, triggering a special dividend and final scheme payments to shareholders. Trading of Gold Road shares will be suspended as the deal moves to completion.

The Supreme Court of Western Australia has approved Gold Fields’ acquisition of Gold Road Resources via a scheme of arrangement, setting the stage for a significant consolidation in the gold mining sector.

Gold Road Resources shareholders have overwhelmingly approved the acquisition by Gold Fields’ Gruyere Holdings, moving the deal closer to completion pending court approval.

Gold Road Resources convened a pivotal Scheme Meeting to approve its $3.8 billion acquisition by Gold Fields’ subsidiary, offering shareholders a compelling cash deal plus a special dividend. The outcome will shape the company’s future and unlock value tied to Northern Star Resources.

Nex Metals Explorations has secured a binding agreement to operate the North Hennai gold project in Egypt’s Eastern Desert, marking its strategic entry into one of the world’s most under-explored mining regions with promising production and exploration potential.

Auric Mining is poised to kick off its first toll milling campaign at Black Cat’s Lakewood Mill in late October, aiming to generate initial gold revenue by November from its Munda Starter Pit.

Perseus Mining has secured presidential approval to develop the CMA underground project at Yaouré, marking a pivotal expansion in Côte d’Ivoire’s gold mining sector. The project promises to extend mine life to 2035 with production ramping up by early 2027.

Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.

Evolution Mining announces a robust 55.65% participation in its Dividend Reinvestment Plan, issuing over 16.6 million new shares at a discounted price of $8.73. The final dividend payment is set for early October alongside reiterated production guidance for FY2026.

Warriedar Resources has received ASIC approval to delay its 2025 AGM until January 2026, allowing time for critical shareholder votes on proposed share option schemes tied to a Capricorn Metals acquisition.

Northern Star Resources has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.30 per share and setting the Dividend Reinvestment Plan price at AUD 20.00 per share.

Catalyst Metals has doubled its gold Reserves at the Plutonic Belt to 1.5 million ounces, underpinning a bold plan to double annual production to 200,000 ounces over the next decade.