Latest Gold Sector News

Alice Queen Limited’s Project Definition Study for the Horn Island Gold Project reveals robust economics with a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans for an 11-year mine life and a rapid 1.1-year capital payback.

Minerals 260’s Pre-Feasibility Study cements Bullabulling’s status as a high-margin, long-life gold mine with a 38% resource upgrade to 6.2Moz and early construction underway.

Orbminco has completed key drilling and metallurgical milestones at Majestic North, keeping its development timeline on track for a September Mining Development and Closure Proposal lodgement and final investment decision.

Toubani Resources has completed its acquisition of a near 20% equity interest in Avanti Gold by issuing shares and options, extending its footprint beyond Mali into the Democratic Republic of Congo gold sector.

North Stawell Minerals (ASX:NSM) highlights a robust gold exploration pipeline in Victoria, anchored by an upgraded 87,300-ounce Wildwood resource and promising high-grade prospects along the Darlington-Caledonia trend.

Brightstar Resources (ASX:BTR) is advancing its Goldfields and Sandstone projects in Western Australia with full funding secured, targeting first gold production at Goldfields by mid-2027 and aiming for top 10 national producer status by 2029.

Genesis Minerals confirms Regis Resources will not counter its binding acquisition proposal for Vault Minerals, leaving the path clear for Vault's board to consider Genesis's offer as the superior bid.

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

EMC Gold appoints Agne Ahlenius as CEO, reinforcing its strategic pivot to Spain with leadership focused on advancing the Salave Gold Project’s permitting and stakeholder engagement.

Javelin Minerals has replaced milestone shares with performance rights as part of its Central Yilgarn acquisition, capping potential dilution with a floor price mechanism.

Aeris Resources has finalized its acquisition of Peel Mining via a scheme of arrangement, issuing 0.3363 Aeris shares for each Peel share and preparing Peel for delisting from the ASX.

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.