Latest Gold Sector News

Matsa Resources has restructured its board and management team, appointing three new non-executive directors with deep technical and commercial expertise to support the expansion and development of its Lake Carey gold asset.

Toubani Resources (ASX: TRE) is acquiring a near 20% equity interest in Avanti Gold (CSE: AGC) via a share swap, gaining exposure to the Misisi Gold Project in the DRC with a 3.1 million ounce inferred resource.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Benz Mining reports strong metallurgical test results from the Icon deposit, showing up to 95.5% gold extraction within 24 hours and potential for broader mineralised halo to contribute to mill feed.

GR Engineering Services has secured a $233 million EPC contract with Ora Banda Mining for a 3.0 Mtpa process plant at the Davyhurst Expansion Project, reinforcing its strong project pipeline into FY27 and FY28.

Minerals 260 continues to hit high-grade gold intercepts at its Bullabulling Project, underpinning resource upgrades and advancing production readiness ahead of key feasibility milestones.

Magnetic Resources NL shareholders overwhelmingly approved Genesis Minerals’ $639 million acquisition scheme, paving the way for final court approval next week.

Avenira Limited has approved a $2.6 million budget to kickstart a comprehensive drilling and sampling campaign at its Jundee South Gold Project in Western Australia, aiming to unlock new gold targets within the prolific Yandal-Wiluna province.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.

Forrestania Resources has delivered a strong set of high-grade gold drill results from its Lady Lila Gold Project, reinforcing the resource base within a granted mining lease in Western Australia.