Latest Gold Mining News

Gorilla Gold reports exceptional high-grade gold intercepts from step-out drilling at its Sovereign deposit, significantly extending mineralisation down-dip and along strike. This breakthrough sets the stage for a major resource upgrade at the Comet Vale Project later this year.

Challenger Gold’s Argentinian subsidiary has obtained the crucial explosives permit to begin drill and blast operations for toll milling at the Hualilan Gold Project, unlocking near-term cash flow potential. The company’s recent Pre-Feasibility Study underscores robust economics, setting the stage for accelerated development.

The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.

Deterra Royalties delivered a robust FY25 with a 10% revenue increase and a strategic acquisition that diversifies its commodity exposure. The company’s flagship iron ore royalty remains a strong cash generator as the Thacker Pass lithium project moves into construction.

RocketDNA has secured a three-year contract to deploy its autonomous drone solution at the Gruyere Gold Mine, marking a significant step in integrating AI-powered surveying technology in mining operations.

Killi Resources has identified promising new mineralisation zones and defined priority drill targets at its Mt Rawdon West Project in Queensland, setting the stage for an active exploration campaign backed by solid funding.

Cazaly Resources has released final 1m assay results from its initial drilling at the Goongarrie Gold Project, confirming significant high-grade gold mineralisation. Assays up to 56.3 grams per tonne gold highlight promising potential for both open pit and underground mining.

Forrestania Resources has announced a maiden JORC-compliant inferred mineral resource of 12,419 ounces of gold at its Ada Ann deposit near Kalgoorlie, marking a key step towards production.

Hammer Metals has launched a targeted drilling campaign at its Bronzewing South project in Western Australia, aiming to unlock high-grade gold mineralisation adjacent to a major historic mine. The program focuses on previously underexplored zones with promising historical intercepts, potentially setting the stage for significant resource growth.

Alkane Resources has fully repaid its A$45 million project finance facility linked to the Tomingley Gold Operations expansion, positioning itself as largely debt free and financially flexible for future growth.

Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.

Great Divide Mining disputes the validity of a Deadlock Notice issued by Adelong Gold over their Challenger Gold Mine joint venture, asserting the annual plan was properly approved and no deadlock exists.