Latest Gold Projects News

Aldoro Resources has launched a strategic review of its non-core exploration assets following external interest, while reaffirming focus on its flagship Kameelburg project.

Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.

Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.

Zenith Minerals has secured a binding agreement to sell its 20% stake in Turkey’s Kavaklitepe Gold Project for US$543,000, marking a strategic shift to focus on its Australian gold assets.

Rimfire Pacific Mining has agreed to sell an option on its Cowal Copper Gold Project to Copper Search Limited, unlocking up to $700,000 in milestone payments. This strategic move allows Rimfire to concentrate on its scandium assets amid tightening global supply.

Catalyst Metals Limited has secured A$150 million in equity to fund organic growth and exploration across its flagship Plutonic Gold Belt and Bendigo Gold Belt projects. The company aims to nearly double gold production to around 200,000 ounces per annum while reducing costs through strategic acquisitions and infrastructure leverage.

Copper Search Ltd has secured an exclusive six-month option to acquire Rimfire Pacific Mining's Cowal Project tenements, significantly enlarging its Theseus Gold and Copper Project in NSW's Lachlan Fold Belt. The move positions the company to leverage historical data and advanced analytics to validate promising drill targets near established mines.

Dateline Resources has revised its gold price assumption to US$2,900/oz for the Colosseum Gold Project, significantly enhancing the project's economic outlook ahead of its Bankable Feasibility Study.

Great Boulder Resources has reported significant drilling results at its Side Well Gold Project, extending the Eaglehawk deposit by 200 metres and confirming new gold mineralisation at Side Well South. Ongoing exploration and a forthcoming Ironbark scoping study highlight the project's growth potential.

West Wits Mining Limited (WWI) has addressed recent spikes in its share price and trading volume, linking the activity to funding developments, a strong gold price, and positive market commentary.

Koonenberry Gold has raised $5 million through a strategic placement to accelerate extensive drilling at its Enmore project and continue exploration in the Lachlan region.

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.