Latest Gold Production News

Lycopodium Limited has won a significant A$48 million EPCM contract from Perseus Mining to develop the Nyanzaga Gold Project in Tanzania, marking a third major collaboration between the two companies. The project aims for first gold production by early 2027.

Legacy Minerals reports a robust Stage 1 Scoping Study for its Drake Project, confirming strong economics and production potential, while inaugural drilling at the Thomson Project and a $7.75 million capital raise set the stage for accelerated exploration.

Adelong Gold Limited has achieved its first gold pour at the Challenger Gold Mine in NSW and completed a key drilling program at its Apollo Gold Project in Victoria, while acquiring the high-grade Lauriston Gold Project to bolster its exploration portfolio.

Capricorn Metals reported a strong June quarter with Karlawinda gold production meeting FY25 guidance and announced it is now debt free and unhedged. Development at Mt Gibson and Karlawinda Expansion projects progresses, supported by record cash flow.

Emerald Resources NL reported steady gold output at its Okvau Mine while unveiling significant resource expansions at its Dingo Range and Memot projects, alongside clearing its debt.

LCL Resources has secured a A$14 million cash deal plus royalty rights by divesting its Colombian projects to Tiger Gold Corporation, while advancing promising exploration programs in Papua New Guinea.

IGO Limited reported a robust operational quarter with improved safety and solid production at Greenbushes and Nova, offset by challenges at its Kwinana lithium refinery and an expected asset impairment.

Predictive Discovery has released a Definitive Feasibility Study for its Bankan Gold Project, confirming a robust 12.2-year mine life with strong financial returns and advancing key permits toward production.

West African Resources delivered solid Q2 gold production and cash flow, with the Kiaka project completing construction early and under budget. High-grade drilling results at M1 South promise further resource growth.

St Barbara Limited reports steady gold production and strong financials while progressing the Simberi Expansion Project, though a PNG tax dispute delays funding decisions.

Premier1 Lithium has confirmed high-grade gold assays up to 10.5 g/t at the newly discovered Rochefort Prospect within its Abbotts North Project, signalling a promising new gold target in Western Australia’s Murchison region.

Meeka Metals has successfully poured first gold at its Murchison Gold Project, marking a key milestone achieved within nine months of construction start. The company is accelerating both open pit and underground mining operations, supported by expanded capital expenditure and strong drilling results.