Latest Gold News

Adavale Resources has completed the acquisition of a 72.5% stake in the Parkes Gold and Copper Project and secured $1.675 million in funding to accelerate exploration, including promising drilling results at the historic London-Victoria Gold Mine.

Deterra Royalties Limited reported an 11.7% revenue increase to $59.3 million in the December 2024 quarter, driven by record iron ore royalties and major progress at the Thacker Pass lithium project.

Hamelin Gold's December 2024 quarterly report reveals a significant new gold mineralisation zone at the Jazz prospect in the Tanami Province, alongside ongoing exploration advances in the Yilgarn Province and a new tenement application for the Venus project.

MTM Critical Metals reported major progress in its Flash Joule Heating technology and secured $15.5 million in capital raises, positioning itself for commercialisation and strategic growth in critical metals recovery.

Red Mountain Mining reports compelling exploration results at its Fry Lake Gold Project in Canada, alongside promising developments in Australia and a successful capital raise exceeding $700,000.

Aurum Resources reports a maiden 1.6 million ounce gold resource at its Boundiali project in Côte d'Ivoire, alongside ongoing high-grade drilling success and a strategic merger with Mako Gold Limited.

M3 Mining’s recent fieldwork at the Edjudina Gold Project reveals high-grade gold samples up to 65 g/t Au at Broken Hill Bore, while reconnaissance at Old Plough Dam highlights promising geological parallels to the Twin Peaks deposit. Exploration efforts will intensify in early 2025 with soil sampling and alteration mapping.

Auric Mining reports robust gold production and revenue in its December 2024 quarterly update, alongside strategic progress including a key processing plant acquisition and advancing mining projects.

Magmatic Resources has launched an expanded diamond drilling campaign at its Myall Project while reporting promising soil sampling results from its Wellington North and Parkes projects. The quarter also saw significant leadership changes, positioning the company for its next growth phase.

Auric Mining Limited reports a robust cash flow quarter ending December 31, 2024, with current assets reaching approximately $10 million and ongoing cash inflows from its joint venture at Jeffreys Find Gold Mine.

Australian Gold and Copper Ltd confirms Achilles as a major silver-dominant discovery with exceptional assay results, backed by a strong $17 million cash position. The company is gearing up for an aggressive exploration campaign in 2025 targeting multiple new high-priority zones.

Tennant Minerals has advanced its high-grade Bluebird copper-gold discovery with an extensive drilling campaign and forged a strategic alliance to accelerate resource development in the Tennant Creek region.