Latest Gold Mining 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.

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.

Strategic Elements Ltd reports a robust cash position and progress across its portfolio of early-stage ventures, including the promising Energy Ink™ technology and autonomous vehicle applications in mining.

OZZ Resources reports a promising scoping study for its Maguires Reward gold project, highlighting potential positive cash flow despite limited exploration activity during the December 2024 quarter.

Haranga Resources reports progress in its uranium and gold projects in Senegal, securing $500,000 in convertible loan funding to support upcoming drilling programs and exploration activities.

Dome Gold Mines reports steady progress on its Sigatoka industrial sand and magnetite project alongside securing a key government contract for emergency river desilting in Fiji. Exploration results also highlight promising copper and gold anomalies at its Nadroga tenement.

Coppermoly Limited has advanced its Mt Isa exploration program with fresh geophysical surveys and strategic board appointments, aiming to unlock new copper and gold targets in Queensland.

Iceni Gold Limited reports significant expansion of gold anomalies at its 14 Mile Well Project and secures a $35 million farm-in agreement with Gold Road Resources to accelerate exploration.

Kalgoorlie Gold Mining Limited has reported significant progress in its Pinjin Project during Q4 2024, unveiling new gold mineralisation zones and increasing its total inferred gold resources to 214,300 ounces. The company is well-positioned financially and plans to commence RC drilling early in 2025 to further define these promising targets.