Latest Gold Mining News

WA Gold has delivered a robust scoping study for its Abercromby Gold Project, forecasting strong cashflows and low capital costs, while ramping up drilling at both Abercromby and Bullabulling projects with assay results imminent.

Minerals Exploration Limited has completed its first phase of diamond drilling at the historic Jubilee Gold Mine within the Waitekauri Gold Project, confirming multiple quartz-mineralised zones and exceptional high-grade rock chip assays. Exploration continues with promising results at the Invincible Gold and Glenorchy Tungsten projects.

Valiant Gold has made significant progress toward restarting its Comet mine with dewatering underway and technical studies advancing, while maiden drilling at Reedy reveals gold mineralisation extending over 400 metres below the existing resource.

Santana Minerals has reported exceptional high-grade gold intercepts from infill drilling at its Rise and Shine orebody, including a standout 24.4m at 10.9 g/t Au and a deeper 2m section grading 89.5 g/t Au. These results enhance confidence in the deposit’s grade model and the upcoming mining schedule.

Prodigy Gold’s latest scoping study for the Hyperion Gold Project outlines a viable open pit operation with a 260,000-ounce production target and strong financial metrics. Meanwhile, exploration funding and ore sorting advances at Old Pirate support near-term development prospects.

Encounter Resources has pinpointed a 1.2-kilometre copper-gold target zone at its Elsa prospect in WA’s Paterson Province, following a 10,000m RC drilling program that intersected broad, shallow mineralisation coinciding with extensive weathering and potential deeper sulphide zones.

Terrain Minerals has delivered a maiden Inferred Mineral Resource Estimate of 54,000 ounces of gold and 156,500 ounces of silver at its Lightning Gold Project in Western Australia, setting a foundation for resource expansion and development.

Talisman Mining’s recent aircore drilling has revealed broad, shallow gold mineralisation over an 800m strike at Sheepyard, NSW, aligned with a sizeable untested IP anomaly. Follow-up drilling is planned to explore this emerging large-scale gold system further.

Unity Metals has struck significant gold mineralisation in its maiden drill hole at the O’Phlay Gold Project, intersecting 40 metres at 1.9 g/t gold including a high-grade 5 metres at 10.5 g/t. The discovery points to a promising intrusion-related gold system open at depth and along strike.

Newmont delivered solid second quarter 2026 results, generating $2.2 billion net income and record $2.2 billion free cash flow despite production setbacks at Cadia. The gold miner remains on track to meet full-year guidance while returning $1.9 billion to shareholders through dividends and buybacks.

Tanami Gold has secured $70.5 million through a fully underwritten rights issue to fund its Central Tanami Project development, including a major underground decline and resumed drilling at Jims Gold Mine.

Vault Minerals has cleared major regulatory hurdles to construct the Southern Tailings Management Facility at its Sugar Zone mine, paving the way for more cost-efficient operations.