Latest Gold News

Sayona Mining delivered record lithium production and sales in FY25 but reported a $382 million loss due to asset impairments amid falling lithium prices. The company is poised for transformation with its imminent merger with Piedmont Lithium.

Bisalloy Steel Group reported steady revenue but strong profit growth and a significant dividend increase for FY25, while outlining ambitious expansion plans for FY26.

Bisalloy Steel Group Limited reported a 24.4% rise in profit after tax to $19.6 million for FY25, driven by strong Armour & Protection steel sales and international growth. The company declared a 16.5 cents per share fully franked final dividend, up 43.5% from last year, while advancing key growth initiatives in Asia and sensor technology.

Avecho Biotechnology reported a 79% revenue increase driven by a $4.8 million upfront licensing fee from Sandoz, yet its half-year loss grew 23% as R&D and administrative costs rose. The company advances its Phase III CBD insomnia trial while pursuing further international licensing.

Aeris Resources has delivered a standout FY25 performance, posting a 78% rise in EBITDA and a 286% surge in net profit, driven by strong commodity prices and disciplined cost management.

Aeris Resources Limited reported a robust financial turnaround for FY25, posting a $45.2 million profit and a 68% rise in adjusted EBITDA, underpinned by steady copper and gold production and strategic refinancing.

Kingsgate Consolidated Limited reports a robust financial turnaround in FY2025, driven by resumed mining operations and record production at Chatree Gold Mine. Revenue more than doubled, while net profit rebounded to A$29.5 million.

Mithril Silver and Gold has launched a fully funded 45,000-meter drilling campaign at its Copalquin district in Mexico, delivering strong high-grade gold and silver results that underscore the project's expanding potential.

Sipa Resources has reported exceptional high-grade gold intersections from its maiden drilling at the Nuckulla Hill Project in South Australia, revealing promising exploration upside along the Yarlbrinda Shear Zone. Follow-up drilling is set to test extensions and nearby prospects imminently.

Catalina Resources is launching a Reverse Circulation drilling program at its Laverton Gold Project to explore extensions of promising gold zones along a key structural corridor in Western Australia.

Caravel Minerals has appointed Primero Group as the EPCM contractor for its Caravel Copper Project, with the Definitive Feasibility Study now fully funded and on track for completion in early 2026.

Godolphin Resources is raising $3.03 million through a placement and entitlement offer to fast-track exploration and development at its Lewis Ponds Project in NSW, following a significant resource upgrade.