Latest Gold Sector News

Babylon Pump & Power Ltd reports robust H1 FY25 results with $1.8M positive operating cash flow and $3.0M EBITDA, overcoming nickel sector challenges. The company eyes growth through new projects and acquisitions.

Torque Metals and Aston Minerals have agreed to merge, creating a well-funded gold exploration entity with 1.75 million ounces of gold resources across premier projects in Western Australia and Ontario, Canada.

GR Engineering Services has secured a $75.1 million EPC contract to upgrade the King of the Hills processing facilities, reinforcing its foothold in Western Australia's gold sector.

Peregrine Gold Limited has updated its prospectus to reveal a significant increase in share commitments from its largest shareholder, Yandal Investments, alongside key directors’ participation in the capital raise.

Santana Minerals has reported a robust Pre-feasibility Study for its Bendigo-Ophir Gold Project, lifting the after-tax NPV to A$1.2 billion and IRR to 76%, as it progresses detailed engineering and fast-track permitting in New Zealand.

Great Divide Mining has completed due diligence on the Adelong Gold Project, clearing the way to acquire a 15% stake and take operational control. The company aims to swiftly restart production at the historic mine.

Aeris Resources has completed a 70-hole drill program at its Constellation deposit, delivering impressive high-grade copper intercepts and setting the stage for a significant resource upgrade and mine permitting milestones.

Sun Silver Limited reports exceptional drilling results from its Maverick Springs Project in Nevada, revealing a standout 132.59m mineralised intercept with high silver-gold grades that surpass current resource averages, highlighting significant growth potential.