Latest Gold Sector News

Evolution Mining Limited has announced a fully franked ordinary dividend of AUD 0.07 per share for the half-year ending December 2024, accompanied by a Dividend Reinvestment Plan offering a 5% discount.

Forrestania Resources has launched a second phase of reverse circulation drilling at its Ada Ann prospect within the Bonnie Vale Project, aiming to extend promising gold mineralisation both along strike and at depth.

Black Cat Syndicate has restarted underground drilling at its Paulsens Gold Operation, targeting resource expansion and mine life extension with results expected from March 2025.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

BMG Resources has addressed ASX's query on recent share price and volume spikes, confirming no undisclosed information but highlighting imminent assay results from its Abercromby Gold Project.

Auric Mining has extended its due diligence period for acquiring the Burbanks Plant in Coolgardie, signalling ongoing interest in expanding its gold operations.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Savannah Goldfields has successfully completed a $2.69 million capital raise through a placement and institutional entitlement offer, setting the stage for a retail offer and a broader $14 million funding program to restart gold mining operations.

Savannah Goldfields Limited has launched a $14 million capital raising to fund the restart of gold mining operations at its Agate Creek and Georgetown projects, backed by cornerstone investors including Wes Maas.

OzAurum Resources has announced a significant new high-grade gold discovery at its Mulgabbie North Gold Project in Western Australia, revealing multiple shallow intercepts that could expand its existing resource base.

Astral Resources NL has initiated an off-market takeover offer for Maximus Resources Limited, proposing one Astral share for every two Maximus shares. The Maximus Board unanimously recommends acceptance, highlighting a significant premium and strategic consolidation benefits.

Astral Resources has launched a recommended takeover offer to acquire Maximus Resources, creating a leading Western Australian gold developer with combined mineral resources of approximately 1.8 million ounces.