Latest Gold Mining News

Many Peaks Minerals has revealed promising auger drilling results at its Ferké Gold Project in Côte d'Ivoire, identifying extensive new drill-ready gold anomalies and advancing diamond drilling to expand high-grade zones.

Gold Road Resources delivered record gold production and sales in the December 2024 quarter, alongside robust cash flow growth and promising exploration advances, positioning the company for an ambitious 2025.

Perseus Mining reported a 9% rise in gold production and a robust cash and bullion balance of US$704 million in Q2 FY25, alongside strategic progress on its CMA underground and Nyanzaga projects.

Redcastle Resources has kicked off an extensive 8,500-metre drilling program across its Eastern Goldfields projects, supported by a recent $3.7 million capital raise and strategic licence acquisition.

Torque Metals Limited and Aston Minerals Limited have formalised a Scheme Implementation Agreement, setting the stage for Torque Metals to acquire Aston Minerals through a structured share and option scheme.

Dreadnought Resources has released a robust scoping study for its Star of Mangaroon gold project, targeting initial production of around 20,000 ounces at a high grade of 10 g/t. The study outlines strong financial metrics and sets the stage for potential production in 2025, backed by a processing agreement with Black Cat Syndicate.

Norwest Minerals reports significant silver, lead, zinc, and copper intersections at its West Arunta project, while advancing gold exploration at Bulgera and planning further drilling campaigns.

Adavale Resources has completed the acquisition of a majority interest in the Parkes Gold-Copper Project, positioning itself near major NSW mining hubs with plans to upgrade historical resources and accelerate exploration.

Viking Mines has unveiled a high-grade inferred mineral resource of 19,000 ounces at its historic First Hit Gold Mine, alongside ongoing drilling and a strong cash position following a recent capital raise.

Gold Road Resources projects a significant production increase at Gruyere in 2025 and has initiated underground drilling to potentially extend mine life beyond 2032.

CGN Resources has identified 11 new copper, gold, and niobium targets at its Webb project and expanded its land holdings in the Leonora gold district, setting the stage for a busy 2025 drilling campaign.

Astral Resources has reported its most significant diamond drilling results to date at the Theia Deposit within the Mandilla Gold Project, with drill-hole MDRCD918 delivering an exceptional 1,079 gram-metres of gold mineralisation. This breakthrough is expected to underpin an upgrade of the resource classification ahead of a Mineral Resource Estimate update scheduled for March 2025.