Latest Gold News

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.

West Wits Mining appoints CEO Rudi Deysel as Managing Director and adds Keith Middleton as non-executive director, while veteran board member Hulme Scholes retires after 14 years. These changes come as the company transitions into operational gold production at its Qala Shallows project in South Africa.

Tambourah Metals has successfully completed an oversubscribed entitlement offer, raising $367,720 to fund drilling and exploration across its gold and critical minerals projects in Western Australia.

Beacon Minerals reported solid gold production of 7,365 ounces in the June quarter, maintaining steady operations at its Jaurdi Gold Project while emphasizing a strategy to retain gold bullion as a liquid asset.

GBM Resources has received the initial $400,000 payment from Lithium Energy as part of a staged $3.2 million sale of its Mt Morgan Gold-Copper Project, marking a key step in its strategic asset divestment.

Matsa Resources has officially commenced mining operations at its Devon Pit Gold Mine, with ore haulage to begin late July and first processing slated for mid-September 2025.

Unico Silver Limited has reported a breakthrough drill intercept at its La Negra prospect, significantly extending mineralisation beyond previous estimates and bolstering its PLUS 150 growth strategy.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.

Strickland Metals has launched a new exploration campaign targeting a large porphyry copper-gold system at its Rogozna Project in Serbia, supported by advanced geophysical surveys and strong funding.

Lithium Energy Limited has completed the first tranche acquisition of a majority interest in the Capricorn Gold-Copper Belt Project, unlocking access to a historically rich gold-copper region in central Queensland. The company is poised to deploy modern exploration techniques backed by government funding to advance the project.

Kingsgate Consolidated’s Chatree Gold Mine delivered a robust quarter with gold production exceeding 20,000 ounces, aligning with its revised FY25 guidance and boosting cash reserves.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.