Latest Gold Sector News

NAOS Small Cap Opportunities Company Limited reported a remarkable half-year profit surge and declared a steady quarterly dividend, despite portfolio returns lagging the benchmark index.

Mitchell Services Limited reported a solid half-year performance with revenue up 3% to $102.4 million and EBITDA soaring 69% to $21.4 million, returning to profit after a prior loss. The company declared a fully franked 4 cent dividend, reflecting strong cash flow and disciplined capital management.

XRF Scientific has reported a record first half for December 2025, with revenue and profits rising on the back of strong mining demand and international expansion.

Benz Mining Corp is set to accelerate exploration at its Glenburgh Gold Project with over 250,000 metres of drilling planned in 2026, backed by a strong A$94 million cash position. The company’s geological work has redefined Glenburgh into a district-scale system with three major gold camps, including a newly identified growth front.

GR Engineering Services has been named preferred contractor for Brightstar Resources’ Laverton Processing Plant, a major 1.5 Mtpa gold facility in Western Australia, pending final investment and funding decisions.

Brightstar Resources has appointed GR Engineering as the preferred EPC contractor for its Goldfields processing plant near Laverton, advancing towards first gold production by June 2027. The company is progressing debt financing and equity raising to fund development, supported by a robust updated feasibility study.

MLG Oz Limited reported a robust HY2026 with statutory net profit after tax soaring 73.2% to $7.1 million, driven by strong demand in the gold sector and operational resilience despite early weather setbacks and a safety fine.

MLG Oz Limited has delivered a robust half-year performance with revenue climbing 6% and EBITDA soaring 24.5%, underpinned by strong gold sector demand and operational efficiencies.

MLG Oz Limited reported a robust half-year with revenue up 5.3% to $287.2 million and net profit soaring 73.3% to $7.1 million, overcoming early weather disruptions and a significant safety fine.

Forrestania Resources has completed diamond drilling at its Lady Lila project and initiated drilling at British Hill, marking key steps in its strategy to build a multi-asset gold portfolio in Western Australia.

Beacon Minerals has finalised the sale of its six Timor Leste concessions to Tivan Ltd, securing cash and equity to bolster its Australian gold operations and growth plans.

Hot Chili Limited has successfully closed a A$40 million private placement, bolstering funding to accelerate development of its Costa Fuego copper-gold project in Chile. Major shareholders and institutional investors backed the oversubscribed raise, positioning the company for near-term production milestones.