Latest Gold Projects News

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.

West Wits Mining appoints CEO Rudi Deysel as Managing Director and adds Keith Middleton as non-executive director, while veteran board member Hulme Scholes retires after 14 years. These changes come as the company transitions into operational gold production at its Qala Shallows project in South Africa.

Tambourah Metals has successfully completed an oversubscribed entitlement offer, raising $367,720 to fund drilling and exploration across its gold and critical minerals projects in Western Australia.

Beacon Minerals reported solid gold production of 7,365 ounces in the June quarter, maintaining steady operations at its Jaurdi Gold Project while emphasizing a strategy to retain gold bullion as a liquid asset.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.

Indiana Resources appoints seasoned mining executive Matthew Bowles as Managing Director to spearhead expansion at its Minos Gold Project, while promoting John Fitzgerald to COO amid a strong cash position.

Tungsten Mining NL is pivoting its Mt Mulgine Project development by targeting near-surface oxide gold to generate early cash flow and support its long-term tungsten ambitions. A 10-week integrated scoping study will soon assess this dual-resource approach.

Stavely Minerals has reported a significant high-grade gold intercept at its Fairview South prospect, extending mineralisation over a large strike length and setting the stage for expanded exploration.

Asra Minerals launches a 3,000m drilling campaign at Leonora South, aiming to confirm historic gold mineralisation near its Sapphire resource. Results expected by September could reshape the project's resource potential.

Nordic Resources has expanded its gold inventory by 34%, adding 264,000 ounces from its newly updated Hirsikangas project in Finland, lifting total resources to 1.23 million ounces gold equivalent.

Tyranna Resources has agreed to acquire a 70% interest in the Maongo Copper-Gold Project in Angola, marking a strategic expansion into demand-driven metals with promising historical mining activity and strong infrastructure access.