Latest Gold Mining News

Augustus Minerals reported promising gold assay results at its Music Well project, alongside progress in Papua New Guinea exploration and a $2.5 million capital raise featuring Gold Fields’ backing.

Volt Group has delivered a record $5.1 million in half year revenue receipts for HY26, more than doubling prior year results, driven by strong contributions from its 4D Delta acquisition and solid performances across Wescone and EcoQuip.

Lunnon Metals boosts cash to $22.2 million as Lady Herial mining wraps up, launching a record $13 million exploration budget targeting up to 2.4 million ounces of gold at Foster-Baker.

Lodestar Minerals’ latest assays from a 12,000m drilling campaign at Ned’s Creek confirm robust high-grade gold mineralisation, supporting its 250,000-300,000 ounce Exploration Target and setting the stage for a maiden Mineral Resource Estimate later this year.

Marmota Limited’s maiden drilling program at Greenewood in South Australia delivers multiple bonanza-grade gold intersections, while Stage 3 drilling accelerates resource expansion efforts.

Everest Metals is set to begin toll processing at its Mt Dimer Gold Project in September 2026, backed by strong mining progress and promising high-grade drill results.

Toubani Resources has pushed construction and exploration forward at its Kobada Gold Project in Mali, backed by a US$208 million funding package and high-grade drilling results that support an upcoming resource update.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Gold Project, a high-grade asset in Victoria’s Eastern Goldfields, while progressing due diligence on a strategic Victorian portfolio and reporting encouraging assay results from its Tasmanian projects.

Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, extending gold mineralisation to 750m strike and reporting broad high-grade intersections. The company also secured 100% ownership of the Vavoua Gold Project in Côte d’Ivoire.

Tolu Minerals has reported robust new gold intersections from 17 diamond drill holes at its Tolukuma Gold Mine, bolstering a revised geological model and supporting an updated Mineral Resource Estimate due in August 2026.

De.mem Limited posted its second highest quarterly cash receipts of approximately $9.6 million for June 2026, marking 29 consecutive quarters of growth and positive operating cash flow of $424k. The company’s strong half-year performance is underpinned by recurring revenues, a robust Western Australian business, and record results from its German subsidiary.

Ramelius Resources delivered solid June quarter results, hitting 53,466 ounces at an AISC of A$1,973/oz and generating A$138.3 million in underlying free cash flow. The company met full-year guidance for the sixth consecutive year, advanced key projects, and progressed a major asset sale.