Latest Gold Production News

West Wits Mining has raised A$27.5 million through a firm equity placement, fully funding its Qala Shallows gold project to first production targeted for March 2026, while also advancing uranium exploration.

Brightstar Resources has cleared key hurdles at its Laverton Mill site and is advancing construction of a new 1.5Mtpa processing plant, targeting a final investment decision in March 2026. With mining approvals secured and debt financing progressing, the company aims to boost production towards 200,000 ounces per annum by 2029.

Lefroy Exploration has begun mining ore at its Lucky Strike Gold Deposit, marking its transition to gold producer with first processing set for February 2026. This milestone aligns with strong gold prices, positioning Lefroy for potential cash flow generation.

Bellevue Gold Limited reported a strong December quarter with rising grades and record ore mined, alongside a strategic reduction in its hedge book ahead of schedule. The company also achieved net zero emissions at its flagship project, underscoring its operational and sustainability credentials.

Northern Star Resources has revised its FY26 all-in sustaining cost guidance upward following a downgrade in production forecasts and rising royalties, signaling tighter margins ahead.

Riversgold Limited reports encouraging shallow gold intersections at its Northern Zone Gold Project near Kalgoorlie, supported by a $2.15 million capital raise with MEGA Resources as a key investor. The drilling results and strategic partnership set the stage for advancing mining plans in 2026.

Forrestania Resources has completed an $18 million placement tranche and upscaled its oversubscribed Share Purchase Plan to $5 million, securing $23 million to advance its gold production strategy in Western Australia.

OzAurum Resources has acquired a key heap leach agglomeration plant, significantly reducing development risks and capital costs for its Mulgabbie North Gold Project. This strategic move positions the company to fast-track feasibility and production amid strong gold prices.

Ausgold Limited has delivered an updated Definitive Feasibility Study for its Katanning Gold Project, revealing increased gold production and enhanced financial returns, supported by a $90 million capital raise to accelerate development.

Beacon Minerals reported a solid December quarter with 7,310 ounces of gold produced and a 23% rise in realised gold prices, driving revenue to $53.47 million. The company is transitioning mining operations while maintaining strong recovery rates and shareholder returns.

Catalyst Metals has reported its highest quarterly gold production at the Plutonic Gold Belt, while settling a longstanding legal dispute that unlocks accelerated development at its K2 deposit.

Auric Mining has resumed operations at its Munda Gold Mine with 67,000 tonnes of high-grade ore stockpiled, setting the stage for imminent gold production and revenue generation.