Latest Gold Project Development News

Rox Resources has increased its Share Purchase Plan to A$18 million following strong retail demand, complementing a $200 million institutional placement to fully fund the Youanmi Gold Project development.

Ausgold Limited has successfully completed a Share Purchase Plan, raising $10 million after scaling back oversubscriptions, contributing to a total $90 million capital raise for its Katanning Gold Project development.

Ausgold Limited’s updated Definitive Feasibility Study for the Katanning Gold Project significantly boosts gold production forecasts and financial returns, underpinning a robust development pathway.

Astral Resources has successfully raised A$65 million through a strongly supported placement to advance its Mandilla Gold Project and accelerate exploration across its Western Australian gold assets.

Ariana Resources has inked a strategic term sheet with Hongkong Xinhai Mining Services Ltd., unlocking A$8 million in immediate funding and technical support to fast-track the Dokwe Gold Project in Zimbabwe.

Rox Resources has opened a $10 million Share Purchase Plan at a 19.9% discount, inviting eligible shareholders to invest in the development of its Youanmi Gold Project. The offer runs through mid-December, aiming to bolster exploration and working capital.

Challenger Gold has secured a 24-month mining contract with MAPAL for its Hualilán Toll Milling phase, with mobilisation complete and production drilling underway. The project is on track to commence mining by December 1, aiming to generate early cash flow amid strong gold prices.

Ausgold Limited has raised A$80 million through a fully underwritten placement to fast-track the Katanning Gold Project, aiming for a final investment decision by mid-2026. The capital injection strengthens the company’s balance sheet and supports key development milestones.

Astral Resources confirms robust high-grade gold zones at Theia Deposit and discovers a promising new target west of Theia, advancing its Mandilla Gold Project development.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

Besra Gold Inc reveals significant challenges at its Bau Gold Project, including mining lease renewal uncertainty and a reduction in measured gold resources, prompting a strategic pivot to government and community engagement before advancing development.

Larvotto Resources has greenlit the Hillgrove Antimony-Gold Project development, securing $175 million in funding and reporting strong high-grade drilling results that bolster its resource base.