Latest Gold News

Thunderbird Resources advances exploration of high-grade gold and antimony projects in New South Wales, while progressing copper and uranium ventures in Peru and Canada.

Patriot Resources has agreed to acquire a 100% interest in the Sugarloaf Copper Deposit, a high-grade asset in Zambia’s Mumbwa District, positioning the company for near-term copper production aligned with regional processing infrastructure.

Koonenberry Gold has raised $5 million through a strategic placement to accelerate extensive drilling at its Enmore project and continue exploration in the Lachlan region.

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.

Askari Metals has completed due diligence on its acquisition of the Adola Greenstone Belt Gold Projects in Ethiopia, positioning itself for growth in a prolific but underexplored gold region.

Hillgrove Resources has reported multiple new high-grade copper-gold drill results at its Nugent underground deposit, extending mineralisation well beyond the current resource estimate and accelerating development plans.

Lycopodium Limited has secured a significant A$40 million contract to deliver engineering and construction management services for Osino’s Twin Hills Gold Project in Namibia, aiming for first gold production in early 2027.

Kali Metals has expanded its Marble Bar Gold Project by acquiring a strategic tenement adjacent to a significant gold-in-soil anomaly, increasing its project area to approximately 96 square kilometres. The acquisition enhances exploration continuity and efficiency amid rising gold prices.

Raiden Resources has increased its ownership in the Vuzel Gold Project from 51% to 75%, marking a key milestone driven by promising near-surface and high-grade gold discoveries. The company eyes further ownership gains as drilling continues.

Perenti’s African Underground Mining Services has locked in a five-year, A$1 billion contract to provide underground mining services at Ghana’s Obuasi Gold Mine, reinforcing its strategic partnership with AngloGold Ashanti.

Solis Minerals has launched a 2,500-metre diamond drilling campaign at its Chancho al Palo project in Peru, with additional drilling and survey programs advancing across its southern Peru copper-gold portfolio.

Far Northern Resources has reported promising Phase 1 drilling results at its Bridge Creek gold project, revealing significant gold grades and extending mineralisation footprints both north and south of the current resource. The company awaits further assay results to refine future drilling plans.