Latest Gold Mining News

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.

Kali Metals has completed its inaugural drilling campaign at the Marble Bar Gold Project and a comprehensive soil sampling program at Higginsville Lithium, with assay results anticipated in the first quarter of 2026.

Gibb River Diamonds reports completion of ore processing at Three Mile Hill and ongoing operations at Lakewood, recovering significant gold ounces and generating early revenue. Mining challenges at Neta Pit have impacted grades but are partly offset by increased tonnage and gold prices.

West Wits Mining has upsized its institutional placement to A$33.74 million, anchored by a $10 million strategic investment from Tribeca Investment Partners, fully funding the Qala Shallows project ahead of first gold pour in March 2026.

Northern Star Resources reported a softer December quarter with operational setbacks prompting a downward revision of FY26 gold production guidance and higher costs. Key growth projects remain on track, underpinning future optimism.

MetalsGrove Mining has significantly expanded its landholding in Côte d’Ivoire to 1,315 km² through a new joint venture and permit grant, commencing soil sampling with results due early 2026. The company also secured $2.7 million in oversubscribed funding to accelerate exploration.

Ballard Mining Limited has launched a A$50 million placement to fund extensive drilling and early works at its fully permitted Baldock gold project in Western Australia, aiming for a maiden ore reserve and a final investment decision in 2026.

Adelong Gold has completed six diamond drillholes at its Comet prospect with assays pending, confirming key geological structures. Drilling has now started at the nearby Yankee-Trojan prospect, signalling ongoing momentum in its Victorian gold exploration.

Emerald Resources has announced a 27% increase in the Mineral Resource Estimate for its Memot Gold Project in Cambodia, now totaling 1.7 million ounces of gold, with full permitting in place to begin development this year.

Astral Resources reports strong high-grade gold assay results from recent drilling at its Feysville and Mandilla projects in Western Australia, highlighting significant extensions beyond current resource models and advancing development prospects.

Bayan Mining reports significantly enhanced rare earth element grades from follow-up surface sampling at its Desert Star Project in California, paving the way for drilling approval and further exploration.