Latest Gold Sector News

Toubani Resources (ASX: TRE) is acquiring a near 20% equity interest in Avanti Gold (CSE: AGC) via a share swap, gaining exposure to the Misisi Gold Project in the DRC with a 3.1 million ounce inferred resource.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Benz Mining reports strong metallurgical test results from the Icon deposit, showing up to 95.5% gold extraction within 24 hours and potential for broader mineralised halo to contribute to mill feed.

GR Engineering Services has secured a $233 million EPC contract with Ora Banda Mining for a 3.0 Mtpa process plant at the Davyhurst Expansion Project, reinforcing its strong project pipeline into FY27 and FY28.

Minerals 260 continues to hit high-grade gold intercepts at its Bullabulling Project, underpinning resource upgrades and advancing production readiness ahead of key feasibility milestones.

Magnetic Resources NL shareholders overwhelmingly approved Genesis Minerals’ $639 million acquisition scheme, paving the way for final court approval next week.

Avenira Limited has approved a $2.6 million budget to kickstart a comprehensive drilling and sampling campaign at its Jundee South Gold Project in Western Australia, aiming to unlock new gold targets within the prolific Yandal-Wiluna province.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.

Forrestania Resources has delivered a strong set of high-grade gold drill results from its Lady Lila Gold Project, reinforcing the resource base within a granted mining lease in Western Australia.

Tivan Limited’s regional stream sediment sampling at Turiscai reveals highly anomalous copper and gold grades, alongside key pathfinder elements, advancing the project towards maiden drilling.