Latest Gold Mining News

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project in Argentina, revealing strong economics with low upfront capital and rapid payback. The company also secured A$37.5 million in equity funding to advance development and strengthened legal protections for its Ecuador projects.

Manuka Resources has launched an $8 million entitlement offer to fund its Cobar Basin production restart, updated reserves at its Wonawinta silver and Mt Boppy gold mines, and reported strong economics for its New Zealand Taranaki VTM iron sands project advancing through fast-track approvals.

Resources & Energy Group Limited (REZ) reports strong progress in gold production at East Menzies with two successful gold pours and a $1.1 million capital raise, while divesting its Mount Mackenzie asset to sharpen focus on Western Australia.

Ragnar Metals confirms multiple Iron Oxide Copper Gold (IOCG) prospects in southern Sweden, expanding its landholding to 159 km² and strengthening its strategic position in gold and critical minerals.

Scorpion Minerals has completed initial drilling at its Pharos Gold Project with assays expected soon, while expanding its Murchison footprint through a strategic JV. The company also explores options to unlock value from its Mt Mulcahy copper asset.

Theta Gold Mines secures a pivotal US$35 million loan facility and board approval to mine, marking significant progress in the development of its TGME Gold Mine Project in South Africa.

Magmatic Resources has secured the Weebo Gold Project in Western Australia and reported encouraging copper-gold drill results at its Myall Project, maintaining a robust cash position of $4.7 million.

North Stawell Minerals confirms fresh gold mineralisation at Darlington West, backed by a $3.6 million equity raise to fund expanded drilling and exploration across its Victorian projects.

Auric Mining wraps up its final gold processing campaign at Jeffreys Find with strong cash flow, while advancing mining and acquisitions at Munda and Higginsville to fuel growth.

Ramelius Resources has completed its acquisition of Spartan Resources, issuing new shares and cash to Spartan shareholders and reshaping its board as it integrates the Dalgaranga asset.

Savannah Goldfields is advancing plans to resume gold production at its Georgetown processing plant and Big Reef mine, capitalizing on gold prices above A$5000 per ounce. The company also unveiled new exploration targets and key executive appointments to drive growth.

Ramelius Resources has finalized its acquisition of Spartan Resources through a scheme of arrangement, leading to Spartan’s delisting from the ASX and share transfers to Ramelius shareholders.