Latest Gold Mining News

MLG Oz Limited has extended its integrated site services contract with Westgold Resources for another year, expected to deliver around $75 million in revenue. The extension covers key mining hubs in Western Australia’s Murchison region.

Atlantic Lithium has raised up to US$16.4 million through strategic Ghanaian pension fund investments and a placement with Long State Investments, advancing its flagship Ewoyaa Lithium Project towards production.

Gibb River Diamonds has received a $7 million profit share from its Neta Gold Mine joint venture and is set to begin a new drilling program at its Edjudina Gold Project in April 2026.

Benz Mining Corp has announced a breakthrough ultra-high grade gold discovery beneath the historic Hibernian Gold Mine at Mt Egerton, validating its structural model and opening new exploration avenues.

Native Mineral Resources Holdings Limited has locked in exclusive 12-month mining rights at the Podosky Gold Project in Queensland, backed by promising high-grade drilling results and imminent mining plans.

Horizon Minerals has successfully raised $4.65 million through a Share Purchase Plan, supplementing a recent $175 million placement as it advances its Black Swan processing hub development.

Forrestania Resources has begun mining and delivering ore to Westgold’s Higginsville hub, marking its official transition from explorer to gold producer. The company is also refurbishing its own Lake Johnston facility to establish independent processing capabilities.

Perseus Mining has agreed to sell its majority interest in the Meyas Sand Project in Sudan for US$260 million, marking a strategic shift amid regional conflict. The deal will bolster Perseus’s balance sheet and refocus resources on core assets.

MetalsGrove Mining has launched an advanced regolith mapping and UAV LiDAR survey at its Zuénoula Project, aiming to sharpen exploration targets and accelerate gold discovery in central Côte d’Ivoire.

Legacy Minerals advances drilling at its Mascotte Silver-Gold Prospect within the Mt Carrington Project, with assay results imminent and a comprehensive Scoping Study expected in April 2026.

Westgold Resources has completed the demerger of its non-core Reedy and Comet Projects to newly formed Valiant Gold, which has attracted $75 million in oversubscribed IPO applications ahead of its ASX debut.

Horizon Minerals has completed mining at Boorara and plans to use its substantial ore stockpiles to support the mid-2027 commissioning of the Black Swan Processing Hub, aiming for a smooth production restart in early 2027.