Latest Gold Production News

Manuka Resources has boosted the net present value of its Cobar Basin silver and gold project to A$153 million, driven by higher commodity prices, while advancing financing talks and exploring a Mt Boppy open pit cut-back to enhance production.

Zenith Minerals has successfully raised A$3.5 million through a fully underwritten rights issue, positioning the company to fast-track exploration and resource growth at its key gold projects in Western Australia and Queensland.

Challenger Gold advances its Hualilan Gold Project with final metallurgical testwork underway, confirming heap leach processing can economically recover low-grade gold previously deemed waste. This development promises to expand the project’s scale and improve its economics ahead of the full-scale Pre-Feasibility Study.

Native Mineral Resources has raised A$10 million through a share placement to fund the ramp-up of gold production at its Blackjack plant in Queensland, following its first gold pour ahead of schedule.

Auric Mining has kicked off the last toll milling campaign at Jeffreys Find, targeting 2,750 ounces of gold and a surplus cash distribution exceeding $4 million to support its next phase at Munda.

West African Resources has achieved its first gold pour at the Kiaka project while maintaining solid production at Sanbrado, positioning the company well to meet its 2025 targets.

Manuka Resources has launched a fully underwritten A$8 million entitlement offer to fund the restart of its Wonawinta processing plant and advance its 10-year Cobar Basin Production Plan, targeting silver and gold output by early 2026.

Kaiser Reef Limited has reported its strongest quarterly gold production to date, driven by the successful acquisition and integration of the Henty Gold Mine in Tasmania.

Barton Gold Holdings has moved closer to acquiring the 279,000-ounce Wudinna Gold Project from Cobra Resources, with significant shareholder backing ahead of the July 24 vote. This acquisition aligns with Barton's strategy to leverage its South Australian assets and scale production.

Black Cat Syndicate reports robust progress in reverse circulation drilling at Fingals, delivering high-grade gold intercepts that underpin imminent mine development at Kal East.

Gold Road Resources reports a modest rise in Gruyere gold production for the June quarter, while signaling a cautious outlook for full-year output and costs.

Resources & Energy Group Limited has finalized the sale of its Mount Mackenzie Gold Project to QMines Limited, securing $1 million in cash and 33 million shares, while sharpening its focus on the East Menzies Gold Project in Western Australia.