Latest Gold Mining News

Sun Silver Limited reports exceptional metallurgical test results from its Maverick Springs project in Nevada, highlighting strong silver and gold recoveries that support a low-cost heap leach development pathway.

Theta Gold Mines has entered Phase 2 of construction at its TGME Gold Project, signing major contracts for structural, mechanical, platework, and piping works. The modular construction approach aims to cut costs and speed up delivery, targeting over 100,000 ounces of gold production annually.

Brightstar Resources has completed a US$120 million senior secured bond issue, complementing a recent A$193 million equity raise, to fully fund its Goldfields Project and advance the Sandstone Project towards final investment decision.

Vita Resources has commenced mobilisation for its inaugural auger drilling campaign at the Ninnis Gold Project in Western Australia, targeting key regional structures known for significant gold discoveries.

PolarX Limited reports impressive high-grade gold assay results from its inaugural drilling at the Ridgeline prospect within Nevada’s Humboldt Range, revealing wide mineralised zones and plans for extensive follow-up drilling.

CGN Resources has revealed promising high-grade gold prospects at its newly acquired Leonora Project in Western Australia, situated near the prolific +8Moz Gwalia Gold Mine. Historical drilling highlights significant shallow mineralisation, with substantial unexplored potential at depth beneath transported cover.

Brightstar Resources has successfully upsized its Share Purchase Plan to $18 million, raising total equity proceeds of $193 million to fully fund its Goldfields Project and accelerate development at Sandstone.

LinQ Minerals has reported a significant 220-metre copper-gold intersection at its Mandamah deposit within the Gilmore Project, affirming the continuity of a high-grade mineralised core. With drilling intensifying and strong funding in place, the company is poised for an active exploration year.

Orezone Gold Corporation reported a robust 33% revenue increase for FY2025, driven by higher gold prices despite a slight production dip, while advancing its Bomboré hard rock expansion and announcing a major Quebec mine acquisition.

GoldArc Resources has confirmed new high-grade gold mineralisation at its Leonora South project, with standout assay results from maiden drilling at Woodpecker, Whistler, and Niagara West. The company is gearing up for extensive follow-up drilling to expand these promising discoveries.

BMG Resources has kicked off a significant 10,000-metre drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. This move supports an upcoming scoping study and advances the project towards near-term production.

Kaiser Reef Limited has completed delivery of all gold call options tied to its Henty Gold Mine acquisition, removing price caps and positioning the company to benefit fully from rising spot gold prices.