Latest Gold Sector News

Havilah Resources reports robust drilling, metallurgical, and mining study outcomes at its Mutooroo copper-cobalt-gold project, with JX Advanced Metals Corporation negotiating a pre-feasibility study agreement that could lead to equity investment.

Brightstar Resources outlines an ambitious growth plan to boost gold production from 20koz to 200koz per annum by 2029, anchored by upcoming feasibility studies and resource upgrades across its Western Australian hubs.

Great Western Exploration has reported its most compelling geochemical signature to date at the Oval Copper-Gold Target, setting the stage for a focused ground gravity survey to refine exploration for a major VHMS system.

Xanadu Mines has received a takeover bid from Bastion at A$0.08 per share, representing a substantial premium and backed unanimously by the board and major shareholder CAAF. The offer includes a $17.2 million capital injection and is subject to limited conditions.

Ausgold Limited has reported promising assay results from 32 drill holes across four regional prospects near its Katanning Gold Project, revealing broad and high-grade gold mineralisation that could underpin a network of satellite deposits.

Reach Resources has added 5,800 ounces of inferred gold at its Pansy Pit deposit, lifting the Murchison South project’s total resource to approximately 67,100 ounces. The company highlights significant upside potential with further drilling planned along the Primrose Fault.

Nordic Resources has confirmed significant historical gold and copper intersections at its newly acquired Kiimala Trend project in Finland, underscoring the project's exploration potential alongside its flagship Kopsa asset.

Adelong Gold has locked in a binding agreement to acquire the Lauriston Gold Project, boasting exceptional high-grade gold mineralisation adjacent to the world-class Fosterville Mine. The acquisition, backed by a $3 million capital raise, positions Adelong to rapidly expand its Victorian gold portfolio.

Alvo Minerals is set to become a leading Brazilian explorer with its proposed acquisition of the Lavra Velha Gold Project, complementing its strong copper-zinc and rare earth portfolios.

Sandfire Resources has agreed to sell its Old Highway Gold Project to Catalyst Metals for A$32.5 million, aiming to bolster rehabilitation efforts at its DeGrussa mine and unlock new local opportunities.

Aurum Resources has locked in a $35.6 million private placement led by strategic investors including the Lundin Family, Montage Gold, and Zhaojin Mining to accelerate drilling and development at its key gold projects in Côte d’Ivoire.

Brightstar Resources outlines an ambitious growth plan targeting over 200,000 ounces of gold production annually by 2029, driven by expansions at Laverton and Menzies hubs and accelerated development of the Sandstone project.