Latest Gold Sector News

Barton Gold Holdings has launched Phase 2 drilling at its Tunkillia Gold Project, aiming to upgrade resources and fast-track a mining lease application by year-end. The project’s strong economics and rising gold and silver prices underpin an optimistic development outlook.

Turaco Gold’s latest drilling at the Afema Project in Côte d’Ivoire confirms continuous oxide gold mineralisation and signals potential resource growth ahead of an updated 4.1Moz Mineral Resource Estimate.

Charger Metals has completed over 3,000 metres of drilling at its Lake Johnston project, targeting extensions to both its lithium resource and a promising high-grade gold discovery, with assay results pending.

Auric Mining has received the final $2.2 million cash distribution from its Jeffreys Find Gold Mine joint venture, bringing total cash returns to $16.5 million and significantly strengthening its financial position.

Dundas Minerals Ltd highlights its strategic focus on Western Australian gold projects, showcasing significant inferred resources and promising exploration targets at Romano and Kalgoorlie. The company’s experienced leadership and upcoming drilling programs position it well for near-term development.

Gibb River Diamonds reports over 5,200 ounces of gold produced from its Neta Gold Project, generating nearly AUD 38 million in sales, with final processing results pending. The company anticipates a significant cash payment soon and plans further drilling at Edjudina.

Torque Metals has appointed a seasoned leadership team from Spartan Resources to spearhead exploration and development at its Paris Gold Project near Kalgoorlie, backed by a $3 million capital raise.

Ora Banda Mining has reported a staggering 964% increase in its Round Dam gold resource, boosting its total global mineral resources to 3.3 million ounces. This leap underscores the company’s aggressive organic growth strategy and ongoing exploration success.

Nex Metals Explorations is progressing metallurgical testing at its Kookynie Tailings Project and broadening collaboration with WTAC, while navigating geopolitical challenges delaying its Egyptian exploration efforts.

Metal Bank reports exceptional gold recovery results from its Seven Leaders Prospect near Kalgoorlie, highlighting a 72.5% gravity recovery and over 99% leaching efficiency, underpinning its near-term production ambitions.

QMines Limited's latest deep drilling at Mount Mackenzie reveals multiple high-grade gold, silver, and copper zones, with geological signs pointing to a potential porphyry copper-gold system at depth.

Pan African Resources has agreed to acquire Emmerson Resources via a scheme of arrangement valued at approximately A$311 million, offering Emmerson shareholders a 36.4% premium. The deal aligns interests in the Tennant Creek Joint Venture and provides exposure to a larger gold producer.