Latest Gold Mining News

Verity Resources has achieved outstanding gold recoveries of nearly 97% at its Waihi deposit, reinforcing confidence in a conventional processing approach for the Monument Gold Project and complementing previous Korong results.

Nexus Minerals has reported robust gold assay results from its Wallbrook Gold Project, with the Payns Prospect delivering continuous mineralisation including grades up to 19.00g/t Au. The ongoing drilling program is on track to expand the project's resource base ahead of a September update.

Bayan Mining has kicked off its first-ever drilling campaign at the Desert Star Rare Earth Project in California, aiming to test promising high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

WA Gold (ASX: WAU) has pinpointed several high-priority gold targets at its Bullabulling Project in WA’s Eastern Goldfields, setting the stage for a significant drilling campaign starting this month.

CGN Resources has completed its acquisition of the Desdemona Project, expanding its landholding in the Leonora gold district to a commanding 385 km². The deal positions CGN with multiple high-grade targets and significant greenfield exploration potential along a prolific gold corridor.

Rumble Resources has received the second $5 million milestone payment from Elemental Royalty and satisfied a key condition for its ore toll milling agreement, positioning the Western Queen project for pre-development.

Dome Gold Mines (ASX:DME) is raising up to AUD 2 million through unsecured convertible notes to fast-track its Sigatoka feasibility study, mining lease application, and copper-gold exploration amid rising metal prices.

Challenger Gold has poured its first gold bar from the Hualilán project in Argentina, initiating a production ramp-up under a toll milling agreement that secures processing capacity for three years.

Legacy Minerals has locked in a farm-in deal with Aurelia Metals for its Cobar Project, allowing Aurelia to earn up to 90% by funding exploration. This partnership leverages Aurelia's established Cobar Basin operations while Legacy focuses on its flagship Mt Carrington project.

Strata Minerals has secured a binding agreement with BML Ventures to fund and manage mining at its Zelica Gold Project, paving a capital-light path to production and profit sharing.

Theta Gold Mines has locked in a fully subscribed US$90 million senior secured bond to complete the TGME Gold Mine Project in South Africa, targeting first gold production in early 2027.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.