Latest Gold Reserves News

Alkane Resources has lifted group Ore Reserves to 1.374 million ounces after exploration and resource conversion replaced depletion across its operating portfolio. The FY26 update also puts Björkdal’s open-pit restart and Costerfield’s extended mine life into sharper focus.

Sandfire Resources Ltd (ASX:SFR) posted a 41% revenue jump to $1.65 billion and a 282% surge in net profit to $355.8 million for FY26, driven by strong operational performance and robust commodity prices. The company declared a fully franked 35 Australian cents per share dividend and advanced its Kalkaroo Copper-Gold Project with a $70 million pre-feasibility study underway.

Dreadnought Resources is progressing its Star of Mangaroon open pit towards production while nearly doubling high-grade gold resources at Metzke’s Find. The company also extends critical metals potential with strong niobium and rare earth intercepts at Mangaroon.

Northern Star Resources has pulled out of the Egina Gold Project joint venture with Novo Resources, returning all exploration data and leaving Novo to steer the project solo. Novo plans to resume drilling in the second half of 2026 while continuing other Pilbara exploration programs.

Minerals 260 Limited has reported strong drilling results from its Bullabulling Gold Project in Western Australia, confirming high-grade gold mineralisation and supporting a maiden reserve and resource update due mid-2026.

Resolute Mining has reported a substantial 60% increase in its gold Mineral Resources and a 55% rise in Ore Reserves, driven by strategic acquisitions and exploration success across West Africa. The Doropo project in Côte d’Ivoire now anchors over a third of the company’s reserves, signaling a new growth phase.

Catalyst Metals Limited delivered a robust half-year result with revenues up 50% and profits rising 40%, driven by higher gold prices and operational advances including a doubling of reserves in the Plutonic Gold Belt.

Kaiser Reef Limited reported a robust December quarter with nearly 7,000 ounces of gold produced at Henty, a 29% increase in gold reserves, and a strengthened cash position of A$43.1 million.

Patriot Resources highlights promising historical drill results and outlines a robust exploration plan for its Tassa Silver-Gold Project in Peru, strategically located near a major gold mine.

Patriot Resources has agreed to acquire 100% of the Tassa Silver Gold Deposit in Peru, backed by strong drill results and milestone-based share payments. The acquisition complements its growing portfolio of battery and critical minerals projects.

Greatland Resources confirms Havieron as a world-class, long-life gold-copper mine with robust economics and full funding secured. The feasibility study outlines a 17-year mine life with steady production and competitive costs leveraging existing Telfer infrastructure.

Genesis Minerals has secured crucial rail agreements that clear the path for developing the Tower Hill open pit gold mine and expanding the Leonora mill, targeting first ore in FY28.