Latest Gold Mining News

Askari Metals has marked a pivotal quarter with strategic acquisitions in Ethiopia’s gold and copper sectors and advanced polymetallic exploration in Namibia, while securing fresh capital to fuel its African growth ambitions.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Vertex Minerals has made significant strides at its Reward Gold Mine, commencing gravity plant operations and preparing for underground mining with first high-grade ore expected in Q3 2025. The company also secured firm commitments for an A$11 million capital raise to support its development plans.

Manuka Resources has launched an $8 million entitlement offer to fund its Cobar Basin production restart, updated reserves at its Wonawinta silver and Mt Boppy gold mines, and reported strong economics for its New Zealand Taranaki VTM iron sands project advancing through fast-track approvals.

Ragnar Metals confirms multiple Iron Oxide Copper Gold (IOCG) prospects in southern Sweden, expanding its landholding to 159 km² and strengthening its strategic position in gold and critical minerals.

Scorpion Minerals has completed initial drilling at its Pharos Gold Project with assays expected soon, while expanding its Murchison footprint through a strategic JV. The company also explores options to unlock value from its Mt Mulcahy copper asset.

Theta Gold Mines secures a pivotal US$35 million loan facility and board approval to mine, marking significant progress in the development of its TGME Gold Mine Project in South Africa.

Magmatic Resources has secured the Weebo Gold Project in Western Australia and reported encouraging copper-gold drill results at its Myall Project, maintaining a robust cash position of $4.7 million.

North Stawell Minerals confirms fresh gold mineralisation at Darlington West, backed by a $3.6 million equity raise to fund expanded drilling and exploration across its Victorian projects.

Red Metal Limited’s June 2025 Quarterly Report highlights significant metallurgical advances at its Sybella rare earth project and accelerated drilling programs across copper-gold and gold targets, supported by government grants and resource upgrades.

Auric Mining wraps up its final gold processing campaign at Jeffreys Find with strong cash flow, while advancing mining and acquisitions at Munda and Higginsville to fuel growth.

Ramelius Resources has completed its acquisition of Spartan Resources, issuing new shares and cash to Spartan shareholders and reshaping its board as it integrates the Dalgaranga asset.