Latest Gold Mining News

Tolu Minerals has raised A$60.5 million through a well-supported institutional placement to fund exploration and refurbishment at its Tolukuma Gold Mine, signaling confidence in its growth strategy.

Astral Resources reports strong assay results confirming gold mineralisation extensions at its Spargoville Gold Project, while advancing drilling at Mandilla and completing lithium exploration under a joint venture.

Neometals Ltd has initiated an 8,300-metre drilling campaign targeting high-grade gold zones at its 100% owned Barrambie Gold Project in Western Australia, aiming to unlock new resource potential and advance towards production.

Capstone Copper reports promising Phase 1 drilling outcomes at its Mantoverde mine in Chile, revealing higher-than-expected copper grades and confirming mineral continuity. The company plans an ambitious Phase 2 drill program targeting resource growth in the northern corridor.

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.

Kingsgate Consolidated has reported its strongest quarterly gold production at the Chatree mine since its restart, with a significant boost in cash receipts signaling operational momentum.

Catalyst Metals reported a slight dip in September quarter gold output due to processing challenges but remains on track to meet full-year targets amid ramped-up exploration and development.

Everest Metals Corporation has expanded its Revere Gold Project by acquiring the Armstrong tenement, unveiling promising gold mineralisation ahead of its maiden resource estimate.

Augustus Minerals has completed an extensive soil geochemistry program at its Music Well Gold Project, setting the stage for imminent drilling after heritage approvals. The company targets extensions of high-grade gold mineralisation beneath shallow soil cover.

Theta Gold Mines Limited has had its trading suspension lifted immediately following the release of a funding transaction announcement, signaling renewed market activity for the gold miner.

Theta Gold Mines Limited has locked in a substantial A$51.4 million funding package combining debt and equity to advance construction of its TGME Gold Project in South Africa. This milestone funding sets the stage for the company’s next phase despite recent revisions to its production forecasts.

St Barbara Limited has raised A$58 million through an institutional placement to fund key growth initiatives including the Simberi mobile fleet expansion and the 15-Mile Processing Hub pre-feasibility study.