Latest Gold Production News

Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.

Mt Malcolm Mines NL has reached a significant production milestone within 3.5 years of its ASX listing, generating initial revenue from gold sales while expanding its exploration footprint across multiple prospects in Western Australia's Leonora region.

Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.

Kaiser Reef Limited reports significant progress in its Nova Zone, extending development and ramping up ore production with promising high-grade gold intercepts. Infrastructure upgrades support the transition to increased output at the historic A1 Gold Mine.

QMines Limited has raised $6 million through a strongly supported placement, positioning the company to accelerate exploration and development at its Mt Chalmers and Develin Creek copper and gold projects.

Rox Resources reports compelling assay results from its 35,000m drilling campaign at Youanmi, alongside advancing metallurgical testing and critical infrastructure upgrades, positioning the project firmly on track for its mid-2025 resource update.

Westgold Resources reported a 72% jump in revenue to $624 million in H1 FY25, driven by increased gold production and higher prices, but posted a net loss after tax due to significant one-off acquisition expenses.

Westgold Resources reports a sharp revenue increase driven by higher gold prices and the Karora acquisition, yet posts a net loss for the half-year ending December 2024. The company also declares a fully franked dividend amid rising costs.

Castle Minerals has reported compelling high-grade gold intercepts from its Kpali Gold Prospect in Ghana’s Upper West Region, confirming the site as a robust discovery with promising potential for a new West African mining camp.

Cavalier Resources has completed and submitted all necessary mining approvals for the Crawford Gold Project, moving decisively toward production amid strong gold prices and ongoing funding talks.

Native Mineral Resources has completed a $15.9 million shortfall placement, fully funding the restart of gold production at its Queensland projects with first output expected in the third quarter of 2025.

Northern Star Resources delivered strong half-year financials for FY25, showcasing significant growth in EBITDA and cash earnings while advancing its strategic acquisition of De Grey Mining.