Latest Gold Mining News

Classic Minerals has teamed up with Bain Global Resources to explore expanding its Goldbridge Processing Facility into a regional hub, aiming to boost gold production across Western Australia's Forrestania district.

Pan African Resources has agreed to acquire Emmerson Resources via a scheme of arrangement valued at approximately A$311 million, offering Emmerson shareholders a 36.4% premium. The deal aligns interests in the Tennant Creek Joint Venture and provides exposure to a larger gold producer.

Lycopodium Limited has landed a major A$118 million contract to engineer and supply the Tulu Kapi Gold Project in Ethiopia, marking a significant step toward full gold production by mid-2028.

Redcastle Resources has received final assay results from its extensive grade control drilling at Redcastle Reef, confirming multiple thick, high-grade gold intercepts and reinforcing the deposit's geological model.

African Gold Ltd has proposed a scheme of arrangement for Montage Gold Corp to acquire 100% of its shares, with an independent expert endorsing the deal as fair and reasonable. The African Gold board unanimously recommends shareholder approval, setting the stage for a significant consolidation in Côte d'Ivoire’s gold sector.

African Gold Ltd has secured court approval to convene shareholder and optionholder meetings to vote on Montage Gold Corp’s proposed acquisition scheme, with director backing and a detailed timetable now in place.

Resolute Mining has reported a substantial 60% increase in its gold Mineral Resources and a 55% rise in Ore Reserves, driven by strategic acquisitions and exploration success across West Africa. The Doropo project in Côte d’Ivoire now anchors over a third of the company’s reserves, signaling a new growth phase.

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.