Latest Gold Mining News

Zeus Resources (ASX:ZEU) is set to acquire the Diaguili copper-gold project in Mauritania for US$2 million, backed by a fully funded $2 million placement. The shallow historical drilling shows promising copper grades, with mineralisation open at depth and along strike.

Kingsgate Consolidated has marked a major milestone at its Chatree Gold Mine, surpassing 200,000 ounces of gold production since March 2023. Meanwhile, remediation on Plant 1 progresses steadily, with partial operations maintaining output amid ongoing repairs.

Catalina Resources has significantly expanded its Mid-West gold portfolio through strategic acquisitions funded by a $3 million placement, while advancing exploration with maiden drilling and promising assay results.

Mammoth Minerals has kicked off its maiden RC drilling program at the Blue Dick Prospect, aiming to extend exceptional surface silver and gold grades over a mapped 6.5km strike at its Excelsior Springs Project in Nevada.

Everest Metals has kicked off a 2,000m reverse circulation drilling program at its Mt Dimer Exploration Project in Western Australia, supported by a $145,000 co-funding grant from the WA Government’s Exploration Incentive Scheme. The campaign targets three high-priority gold anomalies adjacent to existing mining operations, aiming to extend known mineralisation.

Maritana Minerals has locked in temporary and permanent accommodation solutions to underpin workforce needs for its Black Swan Processing Hub and nearby gold projects, with camps set to be operational from August 2026 and early 2027.

Magmatic Resources’ Phase 3 drilling at the Weebo Project in WA has revealed significant bedrock gold mineralisation across several prospects, including a standout 13.9 g/t intercept at Scone Stone, with further drilling planned for late 2026.

Moho Resources has uncovered two new shallow multi-lode gold systems at its Bush Chook Project, with 70% of drill holes hitting significant gold. A heritage agreement now opens 80% of the project for further exploration, with Phase Two drilling set for Q4 2026.

Meeka Metals reports significant high-grade gold intersections well below the Turnberry Ore Reserve, coinciding with a strategic shift from open pit to underground mining amid contractor productivity issues.

Flynn Gold has secured a key regulatory milestone by registering Mining Lease Application 6M/2026 over part of its Golden Ridge Project in northeast Tasmania, enabling accelerated development including resource drilling and environmental studies.

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a robust 10-year open pit mine plan with strong financial returns and production targets, setting the stage for a Final Investment Decision in mid-2027.

TG Metals has struck a non-binding agreement with Medallion Metals to process 60,000 tonnes of gold-bearing stockpiles from Van Uden, unlocking a near-term revenue stream while advancing onsite heap leach development.