Latest Gold News

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

Gold Mountain Limited has reported promising initial exploration results from its Araxá Project in Brazil, confirming the presence of carbonatite mineralisation with significant niobium, rare earth elements, and phosphorus anomalies. These findings pave the way for expanded sampling and drilling plans.

Prodigy Gold NL reported significant gold intercepts from its Tanami North Project, alongside environmental baseline studies and a new 3D structural collaboration with CSIRO, positioning the company for future mining development.

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.

Great Northern Minerals has reported promising initial antimony assay results from its newly acquired Catalyst Ridge Project and secured a patent option for advanced rare earth flotation technology from the University of Arizona.

Kali Metals has completed its inaugural drilling campaign at the Marble Bar Gold Project and a comprehensive soil sampling program at Higginsville Lithium, with assay results anticipated in the first quarter of 2026.

OZZ Resources has entered a binding option agreement with Scorpion Minerals to sell its Maguires Reward project, securing an initial $100,000 fee and potential $2.5 million consideration pending shareholder approval. Exploration activity remained subdued across its portfolio during the December quarter.

Red Hill Minerals has completed its inaugural diamond drilling campaign at the Broken Hill Project, revealing extensive lead-zinc-silver mineralisation, particularly at the Dementus Target, underscoring the project's Tier 1 potential.

Gibb River Diamonds reports completion of ore processing at Three Mile Hill and ongoing operations at Lakewood, recovering significant gold ounces and generating early revenue. Mining challenges at Neta Pit have impacted grades but are partly offset by increased tonnage and gold prices.

Marvel Gold Limited has initiated a comprehensive drone-borne magnetic survey over its Hanang Gold Project in Tanzania and entered a binding agreement to divest its Yanfolila Gold Project in Mali, signalling a strategic shift in its asset portfolio.

Sentinel Metals has uncovered detailed geological logs and core from six historical diamond drill holes at its Columbia Gold Project, providing fresh insights that are refining its maiden drilling plans set for March 2026.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.