Latest Gold Mining News

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

Manuka Resources has raised A$15 million to accelerate production at its Wonawinta Silver Mine and fund exploration drilling at Mt Boppy and Pipeline Ridge in New South Wales.

Theta Gold Mines has secured an additional US$6 million from cornerstone investors and converted outstanding convertible loans into shares and options, reinforcing its balance sheet as it advances the TGME Gold Project in South Africa.

CuFe Ltd has revealed significant high-grade bismuth mineralisation at its Orlando deposit near Tennant Creek, prompting a resource update that could enhance the project's strategic value amid global supply constraints.

Great Divide Mining’s subsidiary has signed a binding term sheet with Native Mineral Resources to form a joint venture aimed at mining and processing gold ore from the Yellow Jack site, marking a key step towards production and cash flow.

Lightning Minerals has reported promising high-grade gold and silver intersections from its initial drilling at the Mt Turner Project in Queensland, confirming near-surface epithermal mineralisation and open potential along a 14km fault line.

Bubalus Resources has reported encouraging drilling results at its Victorian gold projects and is advancing rare earth exploration in the Northern Territory, supported by a solid cash position.

BMG Resources has addressed recent unusual trading activity, confirming no undisclosed material information and providing an update on its Bullabulling drilling program results.

BMG Resources has reported promising first-phase drilling results at its Bullabulling Gold Project, intersecting multiple high-grade gold lodes and identifying potential extensions from a neighbouring 2.3 million ounce gold mine. The company plans an extensive follow-up drill program in 2025 to further define these discoveries.

Kaiser Reef Limited has achieved a 33% increase in processing capacity at its Henty Gold Mine, with ongoing ramp-up activities and exploration efforts aiming to extend mine life and reduce costs.

Koonenberry Gold has unveiled a major expansion of its Enmore Gold Project in NSW, identifying a 3km gold-in-soil anomaly along the Borah Fault and confirming high-grade gold mineralisation from historical drilling. The company is advancing a fully funded 10,000m drilling program to explore this district-scale opportunity.

Platina Resources has secured a conditional agreement to acquire the Sunrise Bore Gold Project, significantly expanding its landholding in Western Australia's prolific Laverton gold district. The project offers promising historical mineralisation and strong exploration potential near key regional mines.