Latest Laverton News

Genesis Minerals has reported a remarkable fourfold increase in net profit after tax to A$238 million for the first half of FY26, driven by a 58% rise in gold production and robust margins. The company’s strong cash position and accelerated growth plans position it well for the year ahead.

Bega Cheese Limited reported a strong half-year performance with a 5% revenue increase and a 55% jump in net profit, alongside a higher interim dividend and ongoing operational consolidation.

Latitude 66 Limited has launched a significant Phase 2 drilling program at its Laverton Gold Project, aiming to build on promising initial results and expand its gold resources. The campaign targets high-grade zones at Red Dog and Tin Dog, with assay results expected in Q2 2026.

GR Engineering Services has been named preferred contractor for Brightstar Resources’ Laverton Processing Plant, a major 1.5 Mtpa gold facility in Western Australia, pending final investment and funding decisions.

Brightstar Resources has appointed GR Engineering as the preferred EPC contractor for its Goldfields processing plant near Laverton, advancing towards first gold production by June 2027. The company is progressing debt financing and equity raising to fund development, supported by a robust updated feasibility study.

Iceni Gold has reported anomalous copper, zinc, and lead in its deepest drill hole at the Welcome Creek Project, signalling promising mineralisation in the Officer Basin. While the main geophysical target remains untested due to drill deviation, the findings open new avenues for exploration.

Great Southern Mining has expanded gold mineralisation at its Golden Boulder discovery to 3.5 kilometres, revealing promising shallow high-grade intercepts and setting the stage for deeper drilling in 2026.

Genesis Minerals Limited has announced a recommended scheme to acquire Magnetic Resources NL, bringing a high-grade 2.2 million ounce gold resource near its Laverton mill and offering Magnetic shareholders a compelling premium with a mix of cash and shares.

Genesis Minerals has announced a recommended court-approved scheme to acquire Magnetic Resources for A$639 million, significantly expanding its resource base and production outlook. The acquisition includes the high-grade Lady Julie project near Genesis’ Laverton mill, promising operational synergies and supporting an aspirational 500,000 ounces per annum production target.

Kalgoorlie Gold Mining’s recent diamond drilling at Kirgella Gift and Providence deposits reveals thick gold mineralisation extending well below previous resource estimates, signalling promising vertical growth potential.

Strata Minerals has launched fieldwork at the expanded Zelica South Project following a strategic tenement acquisition, aiming to unlock new high-grade gold targets along an 8km mineralised corridor.

Vita Resources NL has secured regulatory approval to launch its first-ever exploration drilling campaign at the promising Ninnis Gold Project in Western Australia’s Northern Goldfields.