Latest Gold Mining News

Magmatic Resources has completed the second stage of acquiring the Weebo Gold Project in Western Australia and initiated a robust exploration program targeting high-potential gold zones.

Alara Resources has achieved a significant 77% increase in daily copper concentrate production at its Al Wash-hi Majaza mine in Oman, marking a major operational milestone.

Tolu Minerals has completed a new access road to its Tolukuma Gold Mine, enabling vehicle access from Port Moresby and slashing operational costs by over 75%. This infrastructure milestone also opens vast new exploration opportunities and benefits local communities.

Auric Mining has executed a contract to acquire the Burbanks Mill in Western Australia for $4.4 million, marking a strategic step towards operational independence and enhanced value capture.

Bayan Mining and Minerals Limited has secured $3.27 million through a strategic placement to fast-track exploration at its Desert Star projects in California’s Mojave Desert, positioning itself near major rare earth and gold mining operations.

Deterra Royalties Limited has sold its non-core La Preciosa silver royalties to Avino Silver & Gold Mines Ltd for US$22 million, securing a substantial pre-tax profit and reinforcing its strategic focus on core commodities.

Perenti Limited has delivered record financial results for FY25, driven by strong operational performance and strategic contract wins, including its first underground mining contract in the USA. The company also improved its safety record and advanced key sustainability initiatives.

MAC Copper Limited reported a 10% revenue decline but narrowed its net loss by 25% in HY25, achieving record daily copper production and advancing its acquisition by Harmony Gold.

Ramelius Resources delivered a landmark FY25 with soaring profits, record gold output, and a transformative acquisition of Spartan Resources, setting the stage for a new growth phase.

Kalgoorlie Gold Mining leverages new Sub-Audio Magnetics data to launch its biggest reverse circulation drilling campaign at the Pinjin Gold Project, with diamond drilling set to follow shortly.

James Bay Minerals reveals promising drill results indicating potential extensions to its near-surface gold resource at the Independence Project in Nevada, highlighting new stacked lodes and significant mineralised intercepts.

Cadence Opportunities Fund Limited reported a solid 7.9% gain for the 2025 financial year, driven by strong gold mining stocks and strategic portfolio moves. The fund also declared a fully franked final dividend of 7.0 cents per share, reflecting confidence despite ongoing economic uncertainties.