Latest Gold Mining News

New Murchison Gold Limited reveals significant high-grade gold intersections well below the current open pit at its Crown Prince Gold Mine, signaling promising underground mining potential and an extended mine life.

RemSense Technologies posted a 107% revenue surge to $3.44 million in FY2025 alongside a 67% reduction in net loss, driven by operational efficiencies and strong client demand. The company achieved positive cash EBITDA and strengthened its global footprint with Tier 1 clients.

Gold Road Resources reports a robust half-year profit surge driven by higher gold prices and sales, while advancing a proposed acquisition by Gold Fields with a shareholder vote set for September.

Kingsgate Consolidated Limited reports a robust financial turnaround in FY2025, driven by resumed mining operations and record production at Chatree Gold Mine. Revenue more than doubled, while net profit rebounded to A$29.5 million.

Westgold Resources has declared a strong final dividend for FY25 and unveiled an enhanced dividend policy alongside a significant share buy-back program, signaling robust confidence in its growth and cash flow outlook.

Native Mineral Resources has marked a key milestone with three gold pours totaling around 300 ounces at its Blackjack operation, signalling a successful ramp-up to full-scale production.

Perseus Mining Limited has announced an on-market buy-back program to repurchase up to 40 million ordinary shares over the next year, signaling a strategic move in capital management.

Brightstar Resources has kicked off a significant underground drilling campaign at its Fish Mine, aiming to extend mine life and upgrade mineral resources for future production growth.

Hammer Metals has identified several promising gold and copper anomalies across its Mount Isa Project in Queensland, confirming extensive mineralisation and setting the stage for targeted drilling.

Savannah Goldfields has announced a $15 million placement to strengthen its balance sheet, repay debt, and fund a restart of gold production alongside an ambitious drilling program targeting resource extensions.

PolarX Limited has struck a significant joint venture deal with Northern Star Resources, enabling the gold producer to earn up to a 70% interest in the Alaska Range Project through staged investments totaling US$39 million. This partnership aims to accelerate exploration and resource expansion at key copper and gold deposits in Alaska.

Dome Gold Mines Ltd invites eligible shareholders to participate in a $5 million Share Purchase Plan at $0.15 per share, aiming to fund the transition to production at its Sigatoka Sands Project and exploration of other Fijian assets.