Latest Gold Mining News

Sunshine Metals has released a comprehensive scoping study for its Liontown Gold Operation in North Queensland, outlining a promising initial production target of approximately 75,000 ounces of gold and 654,000 ounces of silver. The study highlights strong financial metrics and a pathway to production by late 2026, with further resource updates expected.

Waratah Minerals has executed a binding agreement to acquire the Ironclad Mining Lease, expanding its Spur Gold Project footprint in New South Wales and unlocking significant gold exploration opportunities.

Genesis Minerals Limited has announced a recommended scheme to acquire Magnetic Resources NL, bringing a high-grade 2.2 million ounce gold resource near its Laverton mill and offering Magnetic shareholders a compelling premium with a mix of cash and shares.

Genesis Minerals has announced a recommended court-approved scheme to acquire Magnetic Resources for A$639 million, significantly expanding its resource base and production outlook. The acquisition includes the high-grade Lady Julie project near Genesis’ Laverton mill, promising operational synergies and supporting an aspirational 500,000 ounces per annum production target.

E79 Gold Mines has identified over 40 promising drill targets at its Cue Gold Project in Western Australia following a detailed gravity survey, setting the stage for upcoming exploration.

Lunnon Metals has locked in a $6 million secured loan to fund critical pre-production activities at its Lady Herial gold project, marking a key step toward mining commencement.

Lithium Energy Limited is set to begin a 2,700-metre drilling campaign at its Sandy Creek Gold-Copper Prospect following rock chip samples revealing significant copper, gold, and silver grades. This marks a key step in exploring the Capricorn Gold-Copper Belt Project near the historic Mt Morgan mine.

Felix Gold Limited has confirmed significant extensions to gold mineralisation at its NW Array prospect in Alaska's Treasure Creek, with high-grade assay results and broad gold halos around antimony veins. The mineralised system remains open for further expansion, supporting the company's dual-commodity strategy.

AuMEGA Metals has launched a C$10 million private placement to fund an extensive drilling program targeting high-potential gold and base metal prospects in Newfoundland’s Cape Ray District. The financing aims to unlock value from its significant mineral resources and strategic landholdings.

North Stawell Minerals’ latest surface geochemistry results at Caledonia reveal a coherent gold anomaly aligned with the Darlington-Caledonia trend, boosting confidence in high-grade mineralisation potential beneath shallow cover.

Auravelle Metals has completed a key heritage survey at its Crown Gold Project in Western Australia, setting the stage for targeted soil sampling and follow-up aircore drilling to refine gold exploration targets.

Kalgoorlie Gold Mining’s recent diamond drilling at Kirgella Gift and Providence deposits reveals thick gold mineralisation extending well below previous resource estimates, signalling promising vertical growth potential.