Latest Gold News

Resources & Energy Group Limited (REZ) reports strong progress in gold production at East Menzies with two successful gold pours and a $1.1 million capital raise, while divesting its Mount Mackenzie asset to sharpen focus on Western Australia.

West Cobar Metals has completed the acquisition of the Mystique Gold Project in Western Australia and reported a maiden inferred mineral resource at its Bulla Park copper-antimony deposit in New South Wales, while drilling assays from its Fraser Range copper-gold targets are pending.

Pacific Lime and Cement Limited has made significant strides in Papua New Guinea, rebranding and advancing key projects while initiating commercial quicklime shipments to Western Australia. The company’s robust cash position and community agreements set the stage for upcoming construction milestones.

Besra Gold has appointed a new, experienced Board and advanced drilling and metallurgical trials at its Jugan deposit, while awaiting a critical mining lease renewal.

Ragnar Metals confirms multiple Iron Oxide Copper Gold (IOCG) prospects in southern Sweden, expanding its landholding to 159 km² and strengthening its strategic position in gold and critical minerals.

Marvel Gold Limited is progressing its acquisition of the Hanang Gold Project in Tanzania with key regulatory approvals underway, while navigating delays in Mali that impact the sale of its Tabakorole and Yanfolila gold assets.

Reedy Lagoon Corporation has identified several promising gold drill targets at its Burracoppin project while seeking a farm-in partner for its iron venture, signaling a pivotal phase in exploration and development.

Ausmon Resources reports promising assay results from recent drilling programs targeting rare earth elements in South Australia and base metals near Broken Hill, NSW, setting the stage for expanded exploration.

Lodestar Minerals has completed a pivotal drilling program at its Darwin Project in Chile, confirming promising gold and copper mineralisation. The company also announced a $2.7 million capital raise to fund ongoing exploration and corporate activities.

Babylon Pump & Power capped FY25 with its strongest rental segment performance and is poised to expand significantly following imminent acquisitions of Matrix Hydro Services and Blue Hire.

American West Metals reports promising drilling results at its Storm Copper Project and advances critical minerals exploration in Utah, backed by strategic funding and offtake agreements.

Sultan Resources advances exploration in NSW’s Lachlan Fold Belt with promising gold-copper targets while managing a modest capital raise and reviewing WA assets.