Latest Gold Recovery News

Xingye Gold (Hong Kong) Mining Company Limited has launched an off-market takeover offer for all remaining shares in Far East Gold Ltd (ASX:FEG) at $0.13 cash per share, offering shareholders a premium amid stalled projects and funding concerns.

Strickland Metals has expanded the Gradina Deposit's inferred gold resource by 600,000 ounces, pushing the Rogozna Project's total resource to 9.24 million ounces gold equivalent and reinforcing its Tier-1 status.

Metal Bank has taken a significant step toward production at its Seven Leaders gold deposit by signing a non-binding MOU with Terra Mining for contract mining and crushing services, targeting a Q4 2026 start.

OzAurum Resources has reinforced the potential of its Mulgabbie North Paleochannel Project with robust shallow, high-grade gold results from 112 reverse circulation drill holes, while progressing the commissioning of its heap leach plant to support a scalable, low-capex gold operation.

Native Mineral Resources (ASX:NMR) recorded its strongest monthly processing since recommissioning in April 2026, with 24,101 dry tonnes milled and a 20% rise in gold recovered. The transition to higher-grade feed from Blackjack Mid Pit and Podosky is set to underpin production gains through FY2027.

Dreadnought Resources has secured a mining lease for its Metzke’s Find deposit within the Illaara Gold Project, a key step towards commercial production of its 14,900 oz high-grade gold resource. The lease enables infrastructure development and supports ongoing drilling that aims to expand the resource.

Red Mountain Mining has produced a high-grade 51.8% antimony concentrate from Oaky Creek with excellent 85% recovery, setting the stage for upcoming drilling to define the resource along a 3km mineralised strike in NSW.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

GoldArc Resources has delivered a fresh batch of RC drilling assays from Mt Stirling, reinforcing the presence of consistent high-grade gold shoots and broad mineralised zones in the central sector. The partner-funded program, now 38% complete, is shaping mine planning for potential open-pit development.

Carnavale Resources has lifted its Kookynie Gold Project Mineral Resource Estimate by 2.5% to 120,000 ounces at 4.4 g/t, with a significant upgrade to Measured resources that reduces early-stage mining risk.

Geopacific Resources' updated 2026 DFS for the Woodlark Gold Project reveals a 19% rise in Mineral Resources to 1.98 million ounces and a new Ore Reserve of 1.2 million ounces, underpinning robust economics and a rapid 18-month payback.

TG Metals is accelerating development at its Lake Johnston Lithium Project amid improved lithium prices, with mining lease applications and resource drilling approvals underway for the Burmeister deposit.