Latest Gold Production News

Auric Mining has launched mining operations at the Munda Gold Mine Starter Pit, marking a key milestone with the first blast and steady progress toward October completion. The company is poised to expand with plans for a larger pit next year amid a bullish gold market.

Meeka Metals has secured a $60 million institutional placement to fast-track gold production and expand drilling at its Murchison Gold Project in Western Australia, targeting first gold by June 2025.

Meeka Metals has raised $60 million through an institutional placement to fund expansion at its Murchison Gold Project, aiming to boost mining operations and processing capacity ahead of first gold production expected this month.

Savannah Goldfields Limited is advancing its gold production restart at Georgetown with early ore transport underway, key management hires, and promising new exploration targets.

North Stawell Minerals has updated the timetable for its $3.6 million equity raising, delaying the placement settlement but maintaining the entitlement offer schedule.

Catalyst Metals has completed its acquisition of the Old Highway Gold Project, setting the stage for a significant expansion across multiple mining sites in Western Australia.

Askari Metals is advancing its African exploration strategy with detailed field campaigns targeting tin, tantalum, and gold mineralisation in Namibia and Ethiopia, while evaluating strategic acquisitions to bolster its portfolio.

Catalyst Metals reports positive infill drilling results at its Trident Gold Project, confirming expected mineralisation and enabling development to commence with first ore targeted in late 2025.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking production at its Gold Duke Project. With full mining approvals and a preferred contractor in place, the company is poised to capitalise on soaring gold prices.

Horizon Minerals reports robust progress at its Phillips Find and Boorara gold projects, delivering strong revenue and cashflow from recent toll processing campaigns. Upcoming plant treatments aim to complete the first mining phase and set the stage for improved cost performance.

St Barbara’s application for early renewal of the Simberi Mining Lease is set for review by Papua New Guinea’s Mining Advisory Council in June, a crucial step toward expanding gold production.

St Barbara Limited updates its FY25 gold production guidance amid temporary mining delays caused by heavy rainfall at Simberi, while maintaining steady cost expectations and financial resilience.