Latest Gold Mining News

Western Gold Resources has approved the Decision to Mine for its Gold Duke Project, marking a key shift from exploration to production with first gold targeted in early 2026.

Perseus Mining has expanded and refinanced its corporate debt facility to US$400 million, significantly enhancing its liquidity position to over US$1.2 billion. This move positions the gold miner strongly for future growth and shareholder returns.

Cazaly Resources has reported promising high-grade gold intersections over a 1,300-metre strike at its Goongarrie Gold Project, validating historical data and setting the stage for a targeted drilling campaign in early 2026.

TG Metals Limited has reported strong drilling results at its Van Uden Gold Project, confirming multiple gold zones and depth extensions to the current resource. The company plans to resume diamond core and reverse circulation drilling in January 2026 to further define the deposit.

Nova Minerals Limited has successfully closed a $20 million underwritten public offering on NASDAQ, aiming to accelerate exploration and development at its Estelle Gold and Critical Minerals Project in Alaska.

Capricorn Metals has secured the Yalgoo Project, significantly enlarging its Mt Gibson Gold Project tenure and setting the stage for new exploration in 2026.

Lefroy Exploration has made a strong start at its Lucky Strike Gold Mine near Kalgoorlie, with pre-strip mining well underway and first ore haulage scheduled for early 2026. The company is fully funded and poised to begin toll milling in February, marking a significant step toward production.

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Midas Minerals has completed its acquisition of the Otavi Copper Project in Namibia, initiating multiple drilling programs across high-grade deposits and securing strong funding to drive exploration in 2026.

Robex Resources has successfully poured first gold at its Kiniéro project in Guinea on schedule and within budget, marking a key operational milestone. The company is advancing a merger with Predictive Discovery to create a significant West African gold mining hub.

Aurum Resources reports multiple high-grade gold intercepts at its 2.41Moz Boundiali Gold Project in Côte d’Ivoire, expanding resource confidence and scale. The company boosts drilling capacity to 12 rigs, targeting major resource updates and a Pre-Feasibility Study in early 2026.

Develop Global Limited has landed a significant A$200 million contract to build underground access tunnels at OceanaGold’s Waihi North Project in New Zealand, marking a major milestone for its mining services division.