Latest Gold Mining News

Golden Horse Minerals reports robust assay results from 15 recent drill holes at Hopes Hill, confirming continuous high-grade gold mineralisation over 1.3km. Plans are underway to accelerate drilling with a diamond core rig to deepen geological understanding and advance resource definition.

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.

Gold Road Resources has entered a definitive agreement for acquisition by Gold Fields Limited, offering shareholders a compelling 43% premium and a special dividend. The scheme awaits shareholder and court approval, targeting completion by October 2025.

Rox Resources has raised A$40 million through a strongly supported institutional placement to accelerate early development works at its high-grade Youanmi Gold Project, significantly de-risking the pathway to production.

Chrysos Corporation reported a 25% year-on-year revenue increase in Q3 FY25, driven by strong growth in sample volumes and expanded deployment of its PhotonAssay technology across key mining regions.

MetalsGrove Mining Limited has completed the acquisition of three gold joint venture permits covering 950 km² in central-west Côte d’Ivoire, positioning itself near the prolific Abujar gold mine. The company plans to initiate exploration soon, leveraging promising geological indicators and regional activity.

Codrus Minerals has obtained a significant drilling permit for its Bull Run Gold Project in Oregon, reviving exploration at a historically productive site with promising past results and strong government support.

Viking Mines has reported a standout high-grade gold intercept with visible gold at its Riverina East Project, highlighting significant exploration upside in a prolific gold district. The discovery at the Bifrost Target opens new avenues for follow-up drilling and resource expansion.

Resolute Mining has completed its acquisition of the Doropo and ABC Gold Projects from AngloGold Ashanti, marking a significant expansion of its asset portfolio with no material changes since the initial announcement.

Kingsgate Consolidated Limited has announced an on-market share buy-back as part of its capital management strategy, signaling confidence amid current market conditions.

Southern Cross Gold Consolidated Ltd has successfully arranged a C$143 million private placement, positioning the company to accelerate development of its Sunday Creek Gold-Antimony Project in Victoria, Australia.

Blackstone Minerals and IDM International have reported impressive assay results from drillhole CDH-61 at the Mankayan copper-gold porphyry project, confirming over 300 metres of high-grade mineralisation and a robust high-grade core. This milestone reinforces Mankayan's status as a world-class undeveloped copper-gold asset with significant development optionality.