Latest Gold Market News

Critical Resources Limited has promoted Tim Wither from CEO to Managing Director, rewarding his leadership with a substantial incentive package as the company advances its critical minerals portfolio.

Zenith Minerals confirms a substantial and continuous gold mineralisation system at Red Mountain, Queensland, with new diamond drilling results revealing significant depth and high-grade zones. A follow-up RC drilling program is set to further delineate the system’s lateral extent and target its high-grade core.

Helix Resources reports metallurgical testwork results from its Gold Basin oxide-gold project in Arizona, revealing excellent gold recoveries and supporting low-cost heap-leach development potential.

Panther Metals Limited has released a maiden scoping study for its Burtville East Gold Project, revealing strong economics and high-grade open pit potential. The study highlights an NPV8 of A$26.6 million and an IRR of 44%, underpinning the project's promising outlook.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

AuKing Mining has agreed to acquire 100% of Orion Resources, gaining full ownership of the Cloncurry Gold Project, a move that positions the company for near-term production and significant exploration upside.

Caspin Resources has secured an option to earn an 80% interest in the Weethalle Gold Project, a compelling large-scale gold target in New South Wales, with drilling planned to start in late October 2025.

Magmatic Resources has initiated a focused 3,700-metre drilling campaign at its Weebo Gold Project in Western Australia, targeting promising gold mineralisation zones at Scone Stone and Ockerburry. This move comes as gold prices reach record highs, positioning the company for potential significant discoveries.

Hastings Technology Metals has agreed to sell its Western Australian gold assets to Metal Bank Limited for A$2.3 million in shares, enabling a sharper focus on its flagship rare earths project. The deal includes key management moves and an in-specie share distribution to Hastings shareholders.

Adelong Gold has locked in a $1.25 million strategic investment from Nova Minerals and Barclay Wells clients, enabling accelerated exploration at its NSW and Victorian gold-antimony projects.

AuKing Mining has locked in a A$5 million credit facility with RiverFort Global Capital to fast-track exploration and development at its Cloncurry Gold Project, setting the stage for near-term gold production in Queensland.

SSH Group has kicked off site preparation at the Mt Fisher Gold Project, setting the stage for drilling and resource upgrades that could unlock significant value from historic stockpiles and tailings.