Latest Gold Sector News

Predictive Discovery and Robex Resources have completed all merger steps except the final administrative confirmation from Quebec, bringing the combined West African gold producer closer to operational integration.

XRF Scientific posted a 13.8% jump in March quarter revenue to $15.8 million, led by strong international sales and new product shipments. The newly operational India office marks a strategic expansion, setting the stage for further growth.

African Gold Ltd shareholders and optionholders overwhelmingly approved schemes of arrangement to be acquired by Montage Gold Corp, setting the stage for a court approval hearing next week.

Clara Resources has appointed Duncan Gordon as Executive Director, signalling a strategic pivot to accelerate exploration at its Mareeba Gold Project in North Queensland. Former Managing Director Peter Westerhuis steps down but remains as a consultant.

Benz Mining Corp reports multiple new high-grade gold discoveries at Hurricane Camp within the Glenburgh Gold Project, confirming a significant new mineralised corridor and accelerating exploration efforts.

Resolute Mining and Guinea’s state-owned Nimba Mining Company have signed a landmark MoU to jointly explore and potentially develop gold projects, marking a significant step in Guinea’s mineral diversification.

Eagle Mountain Mining secures a major milestone as Nittetsu Mining's board approves a joint venture deal to develop the Oracle Ridge copper-gold project in Arizona, with binding agreements expected soon.

L1 Group has launched the IPO of L1 Gold Fund Limited, targeting a $900 million raise with founder backing and early closure due to strong investor interest. The fund will list on the ASX in April, continuing the strategy of its predecessor wholesale fund.

Iceni Gold has upsized its recent placement to nearly $1.76 million, securing additional funds to advance drilling and exploration at its flagship 14 Mile Well Gold Project in Western Australia.

Lachlan Star Limited has appointed mining veteran Tony Kiernan as independent Non-Executive Chairman alongside Alan Thom as Non-Executive Director, marking a strategic board refresh aimed at accelerating the company’s growth in Western Australia’s gold sector.

Saturn Metals has appointed global engineering firm Ausenco to complete the Definitive Feasibility Study for its Apollo Hill Gold Project, aiming to advance the development of a major new gold operation in Western Australia.

Norwest Minerals has announced a substantial 74% increase in its Bulgera Gold Project resource, now totaling 501,000 ounces, driven by deeper drilling and a strategic cut-off grade revision aligned with heap leach economics.