Latest Gold News

Magmatic Resources has launched its Phase 2 drilling campaign at the promising Weebo Gold Project in Western Australia, building on encouraging Phase 1 results that revealed high-grade gold mineralisation.

Eagle Mountain Mining has successfully renegotiated its US$7.25 million loan with Vincere, gaining a 12-month repayment extension and a discounted early repayment option tied to key project agreements.

Eagle Mountain Mining has secured a 12-month exclusive option to acquire the Oracle Ridge copper mine’s surface and mineral rights, positioning the company to potentially restart production on a resource containing 380,000 tons of copper.

Eagle Mountain Mining has taken significant steps to re-enter its Oracle Ridge copper project in Arizona through a strategic option agreement and a potential joint venture with Japan’s Nittetsu Mining. The deal promises to clear debt and fund early development, setting the stage for a medium-term production restart.

Santana Minerals has been granted a 30-year mining permit for its Bendigo-Ophir Gold Project in Central Otago, surpassing earlier expectations of a 25-year term and providing long-term operational certainty.

Alice Queen Limited is updating its Horn Island Gold Project scoping study following a dramatic gold price increase, while engaging GBA Capital to explore financing options.

Santana Minerals has been granted a crucial 25-year mining permit for its Bendigo-Ophir Gold Project in New Zealand, paving the way for construction and gold production pending environmental approvals.

Impact Minerals is reigniting exploration at its vast Broken Hill project in NSW, leveraging rising metal prices and a proprietary multi-metal ratio to uncover high-grade platinum group metals and base metals.

Stavely Minerals reports promising new gold anomalies at its Fairview South prospect in western Victoria, setting the stage for imminent drilling to test extensions of high-grade mineralisation.

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Koonenberry Gold has mobilised a second drill rig at its Enmore Gold Project in NSW, aiming to accelerate exploration along a promising 2km shear zone. Backed by strong funding, the company targets significant gold discoveries with a major follow-up drilling program underway.

Olympio Metals has raised $1.25 million to fund further exploration at its promising Bousquet Gold Project, following a maiden drilling program that intersected significant gold mineralisation in over 85% of holes.