Latest Gold Mining News

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed scrip deal offers Aurumin shareholders a premium, though completion remains uncertain pending due diligence.

Strickland Metals has agreed to sell its Yandal Gold Project to Gateway Mining for A$45 million in equity, enabling a strategic pivot to its flagship Rogozna Project in Serbia. Shareholders will receive most of the Gateway shares via an in-specie distribution, maintaining exposure to Yandal’s upside.

Gateway Mining Limited has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, adding a 400,400-ounce inferred gold resource to its portfolio. The acquisition, pending shareholder approvals, positions Gateway for significant exploration and development in Western Australia’s prolific goldfields.

Strata Minerals has won a competitive $200,000 co-funded drilling grant from the WA Government to advance deep diamond drilling at its Penny South Gold Project, aiming to uncover high-grade gold mineralisation near Ramelius Resources’ Penny Mine.

Cavalier Resources appoints Colin Bald as General Manager Operations and releases an updated Pre-Feasibility Study for its Crawford Gold Project, highlighting robust financial metrics and a clear path to production.

Theta Gold Mines has approved the Decision to Mine for its TGME Gold Project in South Africa and raised US$4 million through a private placement, advancing its path toward production amid rising gold prices.

Redcastle Resources has significantly boosted its gold Mineral Resource Estimates to 42,000 ounces across its Queen Alexandra and Redcastle Reef deposits, marking a 280% increase from its maiden resource. The company is advancing towards near-term production with a strategic partnership and ongoing scoping study.

Brightstar Resources has completed a Definitive Feasibility Study for its Menzies and Laverton Gold Projects, outlining a robust staged development plan with strong financial returns and a targeted final investment decision in 2025.

Ausgold Limited has released a Definitive Feasibility Study for its Katanning Gold Project in Western Australia, confirming a robust 10-year mine life with strong economic returns and aggressive exploration underway.

Ausgold Limited’s Definitive Feasibility Study for the Katanning Gold Project confirms a robust 10-year open pit mine with strong production and financial metrics, setting the stage for rapid project advancement.

Black Cat Syndicate reports ongoing underground drilling success at its Paulsens Gold Operation, revealing significant high-grade gold mineralisation in newly targeted Gabbro Veins. The results underpin resource growth and support an accelerated production ramp-up.

Capricorn Metals has fully repaid its remaining $50 million corporate debt ahead of schedule, positioning itself as debt and gold hedging free with strong cash reserves to back growth projects.