Latest Gold Mining News

Lunnon Metals reports encouraging assay results from its Hustler prospect, revealing a shallow, thick, and moderately high-grade gold zone. Meanwhile, diamond drilling at the Plentiful prospect is complete, with assays awaited.

Everest Metals Corporation Ltd reported a cautious quarterly cash flow with net outflows from operations and investing, while securing a significant $18.6 million financing facility for its Mt Dimer project development.

Zuleika Gold Limited has announced its first inferred mineral resource estimate for the Paradigm East deposit, marking a key milestone in its Kalgoorlie-area gold projects. Combined with the Credo Well resource, the company now holds over 35,000 ounces of gold resources as it advances mining lease applications and plans further drilling.

Auric Mining has completed mining at the Munda Starter Pit and begun toll processing the second ore campaign at Lakewood Mill, with gold sales expected to start in early February.

Empire Resources has reported promising drill results from its Yuinmery Copper-Gold Project, revealing high-grade mineralisation and new gold prospects, while awaiting assay results from Pennys Gold drilling.

G11 Resources has completed a strategic acquisition and raised $7.5 million to fund exploration drilling targeting major copper and gold deposits in Tasmania and NSW. The company identified a significant new geophysical anomaly adjacent to the Mt Lyell mine, setting the stage for a busy 2026.

Javelin Minerals is advancing towards gold production at its Eureka Gold Project in Western Australia, targeting a June 2026 start under a new partnership with MEGA Resources. The company also identifies promising exploration targets at Coogee and maintains a solid cash position to support development.

Toubani Resources is poised to begin construction on its Kobada Gold Project in Mali after securing key environmental approvals and a substantial financing package. The company is advancing rapidly towards becoming a major gold producer in Africa.

Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.

Apollo Minerals has regained its exploration permit for the Couflens Project in southern France, unlocking access to the historic Salau tungsten-gold mine and promising significant exploration upside amid rising commodity prices.

Sunshine Metals has increased its Liontown shallow gold resource by 14% to 108,000 ounces, advancing its pathway to near-term production in 2026. High-grade drilling results at the Sybil prospect and new VMS targets further strengthen the company’s exploration outlook.

Orezone Gold Corporation has announced its acquisition of the Casa Berardi gold mine in Quebec, Canada, marking a strategic expansion into a Tier 1 mining jurisdiction and significantly boosting its production profile.