Latest Gold Recovery News

Everest Metals has obtained a critical mining lease for its Revere Gold Project in WA, marking a major step from exploration to development with a 260,780-ounce maiden resource and ongoing approvals.

Aurelia Metals (ASX: AMI) exceeded its FY26 gold production guidance, delivering 50.4koz of gold and reporting its highest quarterly operating cash flow since 2018. The company also secured a new $150 million financing facility, bolstering liquidity as it advances key growth projects.

Tennant Minerals has completed a $2.8 million placement to accelerate drilling and development at its Bluebird copper-gold-bismuth discovery, aiming to extend high-grade zones and explore new targets along a 2.5km corridor.

Medallion Metals is fast-tracking gold production at its Forrestania Gold Project by launching an Early Production Strategy in Q4 2026, nearly nine months ahead of schedule. This move leverages existing infrastructure to generate cashflow and de-risk the upcoming Ravensthorpe ore processing.

Sunshine Metals has boosted its Liontown gold-silver resource in Queensland, increasing contained gold by 13%, silver by 21%, and overall tonnes by 28%, underpinning plans for mid-2027 gold production at the Mt Moss facility.

Brightstar Resources has more than doubled the Indicated Mineral Resources at its Sandstone Gold Project to 1.1 million ounces, pushing the total resource base to 2.9 million ounces ahead of a key feasibility study.

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

Astral Resources reports strong assay results from infill drilling at Theia, underpinning resource upgrades and de-risking early Mandilla mine development near Kalgoorlie.

Odyssey Gold’s Stage 1 Scoping Study for the Tuckanarra Project outlines a low-capital, high-margin open-pit mining operation producing 79,000 ounces of gold over 29 months with pre-tax cashflows of A$180 million at A$6,000/oz gold price.

TG Metals' recent drilling at Van Uden reveals extensive near-surface laterite gold mineralisation beyond existing resources, underpinning a promising heap leach development with low capital costs and high recoveries.

Minerals 260 has completed a Pre-Feasibility Study and declared a maiden Ore Reserve for its Bullabulling Gold Project, revealing robust economics and a pathway to production by late 2028.

OzAurum Resources reports strong metallurgical results from heap leach column tests at Mulgabbie North, confirming a low-cost production route with high gold recoveries and advancing plant commissioning despite minor delays.