Latest Gold News

Power Minerals has appointed Alistair Stephens, a seasoned rare earths executive, as CEO to spearhead development of its South American critical minerals projects. Stephens brings decades of leadership experience and a proven track record in scaling rare earth ventures.

Meeka Metals is set to increase gold processing capacity at its Murchison Gold Project by 200,000 tonnes per annum through a $6 million ore sorting upgrade, targeting commissioning in September 2026. This innovative approach promises higher-grade feed, increased production, and lower costs.

Cannindah Resources has confirmed high-grade copper-gold mineralisation in the GAP zone of its Mt Cannindah project, delivering a standout 94m intercept at 1.11% copper equivalent. These results underpin expectations for a significant resource upgrade and set the stage for further exploration.

Horizon Minerals has successfully raised $4.65 million through a Share Purchase Plan, supplementing a recent $175 million placement as it advances its Black Swan processing hub development.

PC Gold Limited reports multiple thick, high-grade gold intercepts at its Spring Hill project, extending known mineralisation and advancing pre-feasibility studies ahead of a June resource update.

Lachlan Star Limited reveals striking visible gold and multiple high-grade assay results at its New Waverley Gold Project, underpinning a promising Norseman-style gold system. A diamond drilling campaign is set to commence soon to explore the structural corridor further.

West African Resources has reported a robust A$567 million net profit after tax for 2025, driven by strong gold production and operational cash flow. The successful ramp-up of the Kiaka gold production centre and sustained output from Sanbrado underpin the company’s positive outlook for 2026.

Helix Resources has formalised a joint venture to earn up to 40% of the Gold Basin oxide gold project in Arizona, marking a significant expansion into a prolific US gold district. The agreement sets clear milestones for exploration and resource updates over the next two years.

Novo Resources Corp has disclosed the distribution schedule and top 20 holders for its recently issued free-attaching options as part of its Tranche 1 placement, shedding light on shareholder concentration and potential capital impact.

Resonance Health has received a $732,851 refund from the Australian Taxation Office, reflecting its FY2025 R&D tax incentive claim net of income tax payable. This cash inflow strengthens the company’s financial position ahead of its March quarterly report.

Classic Minerals has engaged AFDC to conduct a strategic review and is raising A$3 million to advance exploration at its Forrestania gold project and support its ASX relisting efforts.

Saturn Metals has reported compelling high-grade gold assay results from its Titan Zone at Apollo Hill, reinforcing the potential of the Iris Footwall structure. These results pave the way for a resource update and feasibility study progress.