Latest Gold Mining News

Cavalier Resources has signed non-binding term sheets for a combined US$13 million gold prepayment and A$5 million gold loan to fund the Stage 1 development of its Crawford Gold Project, significantly improving project economics and financial flexibility amid softening gold prices.

Vault Minerals has begun commissioning stage 1 of its King of the Hills plant upgrade, set to increase throughput capacity to around 6 million tonnes per annum on time and budget.

Critical Resources has completed the transfer of five New Zealand prospecting permits, consolidating a significant 1,694 km² gold-antimony portfolio in the South Island and gaining approvals to commence early-stage exploration.

Killi Resources has won a Queensland Government grant to co-fund drilling at its Mt Rawdon West copper-gold project, targeting a compelling porphyry system. The planned drilling aims to test significant geochemical and geophysical anomalies in the Baloo prospect.

St Barbara Limited has satisfied all conditions for its strategic Lingbao Gold Group transaction, targeting completion on 1 April 2026 with an anticipated A$0.5 billion gain on sale. Meanwhile, the Kumul Minerals deal awaits final PNG government approvals but is expected to close concurrently.

Rumble Resources has reported promising metallurgical testwork from its Western Queen Gold and Tungsten Project, confirming the potential for high-grade tungsten concentrate production alongside gold. The company is advancing a scoping study to fast-track tungsten mining and processing amid soaring global prices.

Vertex Minerals has arranged a A$9 million convertible loan facility to support underground gold production at its Reward Gold Mine, with conversion into shares and options pending shareholder approval.

Moho Resources has expanded its Bush Chook Gold Project with a new high-grade gold-antimony mine acquisition, setting the stage for a significant 5,000m drilling campaign in May.

Antares Metals has launched an extensive field campaign at its Quinns Gold & Copper Project, expanding its landholding and securing approvals for initial drilling. The company aims to unlock significant orogenic gold potential through modern exploration techniques.

Strata Minerals has launched a Phase 2 drilling program at its Zelica Gold Project, aiming to extend high-grade gold mineralisation and fast-track a maiden resource estimate. The recent acquisition of Zelica South expands the gold corridor to over 8km, enhancing exploration potential.

Desert Metals has launched a 2,000m aircore drilling campaign at its Tiogo gold prospect in Côte d’Ivoire, aiming to bridge a key gap between high-grade gold intercepts and unlock further potential along a major mineralised corridor.

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.