Latest Gold Mining News

Antilles Gold has taken a major step forward in developing its Nueva Sabana copper-gold mine by signing a non-binding Letter of Intent with Chinese firm Xinhai for a $26 million EPC contract and $16 million in project financing. The agreement also includes a strategic $4.1 million share placement, signaling deeper collaboration and governance involvement.

First Au Limited has launched its inaugural diamond drilling program at the Nimba Gold Project in Liberia, securing ownership of a drilling rig to bolster its West African exploration ambitions.

Manuka Resources has boosted the net present value of its Cobar Basin silver and gold project to A$153 million, driven by higher commodity prices, while advancing financing talks and exploring a Mt Boppy open pit cut-back to enhance production.

Ragnar Metals has significantly expanded its exploration footprint in Southern Sweden, revealing promising Iron Oxide Copper Gold (IOCG)-style mineralisation through initial sampling at multiple prospects.

Miramar Resources has initiated reverse circulation drilling at the 8 Mile target within its Gidji JV Project, aiming to explore northern extensions of the adjacent 8-Mile Dam gold deposit. Supported by a drill-for-equity deal, this campaign could redefine the gold potential near Kalgoorlie.

Challenger Gold advances its Hualilan Gold Project with final metallurgical testwork underway, confirming heap leach processing can economically recover low-grade gold previously deemed waste. This development promises to expand the project’s scale and improve its economics ahead of the full-scale Pre-Feasibility Study.

Native Mineral Resources has raised A$10 million through a share placement to fund the ramp-up of gold production at its Blackjack plant in Queensland, following its first gold pour ahead of schedule.

Adelong Gold has confirmed significant high-grade antimony and gold mineralisation at its Lauriston Gold Project in Victoria, highlighting strong parallels to major Victorian Au-Sb systems and setting the stage for expanded exploration.

Resolution Minerals has secured final US Forest Service permits to begin drilling at its Horse Heaven Project, targeting gold, antimony, and tungsten. The company also advances its acquisition, setting the stage for exploration later this year.

Auric Mining has kicked off the last toll milling campaign at Jeffreys Find, targeting 2,750 ounces of gold and a surplus cash distribution exceeding $4 million to support its next phase at Munda.

Haranga Resources is set to begin its first-ever drilling campaign at the Ibel South Gold Project in Senegal, targeting promising gold anomalies identified through innovative termite mound sampling.

MetalsTech Limited has received a $2 million strategic investment to advance its Sturec Gold Project in Slovakia, aiming to complete a pivotal Pre-Feasibility Study that could unlock significant value.