Latest Gold Production News

New Murchison Gold Limited has reported further high-grade gold intersections from its Crown Prince Gold Project, reinforcing the potential for a profitable open pit operation at its Garden Gully site near Meekatharra.

Aguia Resources is ramping up production at its high-grade Santa Barbara gold project in Colombia while advancing a low-capital phosphate operation in Brazil, setting the stage for robust cash flow generation.

Meeka Metals has begun commissioning its processing plant at the Murchison Gold Project, with ore now feeding into the plant and the first gold pour expected in June 2025.

Perseus Mining outlines a robust five-year gold production plan targeting up to 2.7 million ounces with stable costs and strong cash margins, backed by major projects in Africa.

Zenith Minerals has secured exclusive subsurface exploration and mining rights over a key tenement package adjacent to its Dulcie Far North gold resource, significantly expanding its footprint in Western Australia's Marvel Loch–Forrestania gold belt. The deal includes milestone-based options for full ownership and a royalty agreement, setting the stage for accelerated resource growth.

Breakthrough Minerals has completed the acquisition of the Errolls Gold Project in Western Australia and raised $1.2 million to fund an upcoming drilling program targeting high-grade gold mineralisation.

Kula Gold reports impressive high-grade shallow gold intercepts from recent drilling at its Mt Palmer Gold Project, reinforcing the potential for low-cost open pit mining and expanding resource targets along a 10km belt.

Matsa Resources has kicked off mining operations at its Devon Pit Gold Mine, with first ore expected to be stockpiled this month and processing set for September. The project is progressing on schedule, supported by key infrastructure and strategic partnerships.

Ora Banda Mining updates FY25 guidance, forecasting 95,000 ounces of gold production, below prior estimates, after processing plant upgrades delayed throughput ramp-up.

Saturn Metals has reported a significant increase in gold recovery rates from heap leach testing at its Apollo Hill Gold Project, surpassing previous estimates and global averages. This breakthrough suggests a more cost-effective and scalable path to production.

Aeris Resources has secured a $60 million Guarantee Facility with Washington H. Soul Pattinson, replacing its ANZ environmental bonding, and extended its $50 million Term Facility to August 2026 under favourable terms.

Challenger Gold has raised A$34.5 million through an institutional placement to fund near-term gold production and expand development at its Hualilan project in Argentina.