Latest Gold Mining News

North Stawell Minerals Ltd (ASX – NSM) has opened a $2.1 million non-renounceable entitlement offer to fund key gold exploration projects in Victoria. This follows a $1.5 million placement, together raising $3.6 million to advance drilling and development.

PolarX Limited has obtained a US$2 million unsecured loan from its largest shareholder Northern Star Resources to accelerate exploration at its Alaska Range Copper-Gold Project. The funding will support an extensive 2025 drilling and geophysics program targeting resource expansion at the Caribou Dome site.

Magnetic Resources NL has secured a pivotal native title agreement with the Wangkatja Tjungula Aboriginal Corporation, removing key regulatory hurdles for the Lady Julie Gold Project in Western Australia.

Black Cat Syndicate has fast-tracked its Lakewood processing tolling program and appointed Tim Mason as COO to streamline operations and support its More Gold Sooner strategy.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking the Gold Duke Project towards near-term production amid record gold prices.

Javelin Minerals is fast-tracking mining at its Eureka Gold Project, targeting 34,000 recoverable ounces from a granted Mining Lease within 12 months. Advanced contractor talks and promising drilling results underpin this push in a buoyant gold price environment.

Auric Mining has launched mining operations at the Munda Gold Mine Starter Pit, marking a key milestone with the first blast and steady progress toward October completion. The company is poised to expand with plans for a larger pit next year amid a bullish gold market.

Savannah Goldfields Limited is advancing its gold production restart at Georgetown with early ore transport underway, key management hires, and promising new exploration targets.

Catalyst Metals has completed its acquisition of the Old Highway Gold Project, setting the stage for a significant expansion across multiple mining sites in Western Australia.

Raiden Resources has extended its Phase 2 drilling program at the Vuzel Gold Project in Bulgaria, intersecting a visually distinct potential epithermal feeder zone and expanding near-surface gold mineralisation by 600 metres. Assays are pending to confirm the grade and nature of this promising discovery.

Cosmo Metals has revealed significant new gold lode extensions at its Nundle Goldfield project in NSW, following interpretation of preliminary LiDAR survey data. The findings highlight underexplored potential in historic mining areas, setting the stage for targeted drilling.

The Australian Taxation Office has issued a binding ruling clarifying the tax treatment for De Grey Mining shareholders following Northern Star Resources’ acquisition. The ruling confirms capital gains tax deferral options for eligible investors.