Latest Gold Sector News

Mitchell Services Limited delivered a robust Q1 FY26 performance, marked by a 68% jump in EBITDA and a dramatic 93% reduction in net debt. The company’s strategic investment in a decarbonisation joint venture signals a forward-looking growth trajectory.

Forrestania Resources has initiated a scrip-based takeover offer for Kula Gold, valuing the company at nearly $59 million and promising regional consolidation in Western Australia's gold belt. The Kula board unanimously supports the deal, pending shareholder approval and regulatory conditions.

Magmatic Resources has reported promising high-grade gold intersections from its maiden drilling at the Weebo Gold Project in Western Australia, confirming extensive shallow mineralisation and planning follow-up drilling to expand on these early successes.

SSH Group has reported a robust 17% increase in revenue for the September quarter, underscoring strong operational performance at its Mt Fisher Gold Project.

Ardiden Ltd’s trading suspension has been lifted following its announcement of a significant gold acquisition and a capital raising initiative, signaling a pivotal moment for the company’s growth strategy.

Ardiden Ltd has announced a transformative merger with Lac Gold Limited, combining two significant Canadian gold assets into a well-funded exploration and development company. The deal brings together the advanced-stage Rouyn Gold Project in Quebec and Ardiden’s Pickle Lake Gold Project in Ontario, creating a balanced portfolio with strong growth potential.

Andean Silver’s initial drilling at the Temer lode within Chile’s Cerro Bayo project reveals thick, high-grade silver-gold mineralisation, underpinning a 340% resource increase since acquisition. New vein discoveries promise further growth.

Corazon Mining has secured an exclusive 12-month option to acquire an 80% stake in the Feather Cap Gold Project, expanding its footprint in Western Australia's prolific Gascoyne region. The project boasts significant historical gold mineralisation and offers promising exploration upside near Corazon’s Two Pools Project.

NewPeak Metals has acquired the remaining 49% stake in its Las Opeñas gold project in Argentina, consolidating full ownership and setting the stage for upcoming exploration activities.

Caprice Resources has significantly expanded its presence in Western Australia's Murchison Goldfields by acquiring the Comet Exploration Project, adding 40 kilometres of greenstone strike to its portfolio. This strategic move triples Caprice's landholding and sets the stage for accelerated exploration and potential new gold discoveries.

Predictive Discovery Limited and Robex Resources Inc. have agreed to merge, creating a mid-tier gold producer in West Africa with combined output expected to exceed 400,000 ounces annually by 2029.

E79 Gold Mines has executed a binding agreement to acquire a majority stake in the Cue Gold Project, a highly prospective asset in Western Australia's Murchison region, backed by a successful $3 million capital raise to fast-track exploration.