Latest Gold Recovery News

Kantra Copper says laboratory testing achieved copper recoveries above 90% and gold recoveries above 50% from Coburn mineralisation using the existing Kanmantoo processing flowsheet. The result reduces a key metallurgical risk in the Pre-Feasibility Study, although rail logistics and deposit variability remain unresolved.

Kingsgate Consolidated has converted a full year of Chatree mining into record financial results, with revenue up 77% and net profit reaching A$277.9 million. The balance sheet is stronger, dividends have returned and Nueva Esperanza is moving towards a feasibility decision, but higher waste movement and project execution now replace the turnaround story.

Alma Metals is pushing the Briggs Copper Project through a substantial drilling and metallurgical program, with a 2027 resource update planned to support a prefeasibility study. The project’s 932Mt resource contains about 2Mt of copper, but the company still faces the usual funding, technical and development hurdles of a large undeveloped mine.

Caprice Resources has put its Murchison gold portfolio at the centre of a larger exploration campaign after extending Vadrians mineralisation and raising A$12.8 million. The company remains pre-production and loss-making, with a maiden resource estimate still to come.

Aguia Resources has begun commercial Pampafós phosphate production in Brazil and improved Santa Barbara gold recoveries, but its annual report carries a material going-concern warning. A Brazilian court has also declared the Três Estradas environmental licensing process null, leaving the company’s flagship new operation exposed to an unresolved legal fight.

Verity Resources has expanded its Monument gold story in Western Australia, but the explorer’s stronger resource base sits alongside a sharply higher annual loss, A$4.67 million operating cash outflow and a material uncertainty over its ability to continue as a going concern. The company finished FY2026 with A$1.05 million in cash and more than A$2.39 million of exploration commitments due within a year.

Forrestania Resources has lifted the higher-confidence portion of its Lady Ada and Lady Magdalene gold resource by 43%, even as total contained ounces fall 4% to 285,700 ounces. The update strengthens the development case, but most of the resource remains Inferred and the tenements are subject to ongoing legal proceedings.

Resolution Minerals has turned Horse Heaven into the centre of its strategy, pairing broad gold drilling with high-grade antimony and tungsten test work. The expansion came with a sharply higher A$53.3 million FY2026 loss and a disclosed dependence on future funding.

Nex Metals returned to profit in FY2026 after selling its remaining Arika joint venture interest, but the gain did not resolve its underlying funding pressure. The company ended the year with $422,452 in cash, net liabilities of $471,232 and a material uncertainty over its ability to continue as a going concern.

Norwest Minerals has strengthened the technical case for its Bulgera heap-leach project with a revised 191,000-ounce resource and 86% bottle-roll recoveries. But the ASX-listed explorer ended FY2026 with $394,541 in cash, and its auditor highlighted material uncertainty over its ability to continue as a going concern.

Tennant Minerals has reported a high-grade maiden resource and further strong drilling at its Bluebird copper-gold discovery, but the annual report carries a material uncertainty over the company’s ability to continue as a going concern. A $2.8 million capital raise completed around year-end provides near-term funding, while further exploration and processing studies remain ahead.

Redcastle Resources has quantified 6,600 ounces of gold already mined and sitting on its ROM pad, but the inventory remains a Mineral Resource rather than an Ore Reserve. The stockpiles are ready to move, although processing arrangements are still being negotiated and mining is currently suspended.