Latest Gold Mining News

Riversgold Ltd has exercised its option to acquire an 80% interest in the Kalgoorlie Gold Project after surpassing the minimum expenditure threshold, setting the stage for expanded drilling and potential mining lease conversion.

Saturn Metals reports robust assay results from 38 drill holes at Apollo Hill, reinforcing the continuity of its 2.03 million ounce gold resource and highlighting significant growth potential ahead of a planned resource upgrade in late 2025.

Viking Mines Limited has confirmed a significant gold discovery at its Northern Duplex Target, with drilling revealing a steeply dipping gold zone and promising assay results. The company is gearing up for further exploration to define the extent of this new mineralisation.

MLG Oz Limited has delivered a robust half-year performance with a 20.3% increase in statutory revenue and stable workforce numbers, setting the stage for anticipated growth in the second half of FY2025.

St Barbara Limited has successfully commissioned the MMD Sizer crusher at its Simberi operation, exceeding performance expectations and boosting SAG mill throughput. The company also appointed Phil Stephenson, a seasoned PNG mining executive, as Operations Advisor to steer operational improvements and strategic decisions.

Adavale Resources is set to launch a detailed geochemical survey at its Ashes and Myalls prospects within the Parkes Project, aiming to refine drilling targets in a highly prospective gold-copper region.

Ramelius Resources will release its half-year financial results for FY25 on 21 February, accompanied by a detailed investor conference call.

GWR is actively pursuing transformative project acquisitions across global jurisdictions while trading significantly below its cash and investment backing. The company’s robust cash position and critical minerals investments position it well amid shifting global supply dynamics.

Kaiser Reef Limited reports significant progress in its Nova Zone, extending development and ramping up ore production with promising high-grade gold intercepts. Infrastructure upgrades support the transition to increased output at the historic A1 Gold Mine.

QMines Limited has raised $6 million through a strongly supported placement, positioning the company to accelerate exploration and development at its Mt Chalmers and Develin Creek copper and gold projects.

Javelin Minerals is set to commence its maiden drilling program at the Eureka Gold Project, targeting high-grade extensions and assessing near-term mining potential of an indicated resource of approximately 30,000 ounces.

E79 Gold Mines has successfully raised $1.8 million through a placement oversubscribed by more than double, aiming to fund exploration at its promising Laverton South Gold Project and bolster working capital.