Latest Gold Mining News

Askari Metals has acquired 100% ownership of a highly prospective gold project portfolio in Ethiopia’s Adola Greenstone Belt, positioning itself near multi-million-ounce deposits in a region ripe for discovery.

MetalsTech Limited has made significant progress on its Sturec Gold Mine project in Slovakia, advancing the Pre-Feasibility Study and raising A$3.3 million to fund development and strengthen its balance sheet.

Lithium Energy Limited has received over US$33 million from the partial sale of its Solaroz Lithium Brine Project and acquired a 100% stake in the Capricorn Gold-Copper Belt Project, positioning itself for a strategic turnaround amid ASX suspension.

Vertex Minerals has made significant strides in commissioning its Reward Gold Mine gravity plant and preparing for underground mining, while also securing a US OTCQB listing to broaden its investor base.

M3 Mining Limited reports promising exploration progress at its Edjudina Gold and Victoria Bore Copper projects, while advancing talks to secure a strategic energy asset in North Africa ahead of a pivotal May shareholder meeting.

Askari Metals has reported a significant 28% increase in its Burracoppin Gold Project resource, while advancing strategic acquisitions in Africa and completing a $1.1 million capital raise.

Scorpion Minerals has expanded its footprint in Western Australia's Murchison region to 1,600km² through a strategic JV with E79 Gold Mines, securing the largest landholding along the highly prospective Dalgaranga–Big Bell shear corridor. With $1.75 million raised, the company is poised to commence drilling at multiple high-grade gold targets imminently.

Theta Gold Mines reports significant progress in funding discussions, plant construction, and resource integration for its TGME gold project in South Africa during Q1 2025.

Larvotto Resources has completed key technical work on its Hillgrove DFS, incorporating a shift to dry tailings storage and capitalising on record gold and antimony prices, while exploration drilling delivers high-grade intercepts and the company strengthens its operational base.

NT Minerals reports encouraging copper and gold anomalies at its Twin Peaks Project using advanced Ultrafine™ analysis, alongside a significant magnetite Exploration Target. Corporate moves include E79 Gold Mines exercising its Mountain Home option and ongoing talks to divest Redbank Copper Project assets.

S2 Resources reported significant progress across its Australian and Finnish projects during the March 2025 quarter, completing key geophysical surveys and drilling programs while maintaining a solid cash balance of A$2.2 million.

Matsa Resources has commenced mining at its Devon Pit Gold Mine, backed by a robust feasibility study and a maiden reserve of 46,000 ounces. The company also sealed a $101 million option deal with AngloGold Ashanti for part of its Lake Carey project, while successfully fending off an unsolicited takeover bid.