Latest Gold Production News

Everest Metals Corporation reported a $299,000 net cash outflow from operations in Q4 2024 but strengthened its cash reserves through equity financing, positioning itself for upcoming gold production from the Revere Bulk Sampling Program.

Legacy Iron Ore Limited reports robust progress in its December 2024 quarter, highlighted by significant gold intersections at Mount Celia and advancing feasibility studies at Mount Bevan magnetite project.

Kaiser Reef Limited has made a pivotal advance by developing into the unmined Nova Zone at the A1 Gold Mine, marking a shift from remnant to modern mining operations, supported by a successful $8 million capital raise.

Aurelia Metals delivers a robust December 2024 quarter, hitting key production targets and marking a milestone with first concentrate from its Federation ore. The company maintains a strong balance sheet while advancing growth projects.

Aurelia Metals delivered a robust December quarter, marked by strong cash flow, increased metal output, and the successful processing of its first ore from the Federation mine, underpinning its FY25 guidance.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Brightstar Resources has initiated ore haulage from its Laverton Hub under a key Ore Purchase Agreement, setting the stage for its first gold pour in March 2025 and positioning the company for growth amid record gold prices.

Horizon Minerals reports a $14 million placement and a proposed merger with Poseidon Nickel, alongside key production milestones including the first gold pour at Boorara and a prefeasibility study at Penny's Find.

Ramelius Resources delivered a robust December 2024 quarter with record underlying free cash flow of A$174.5 million and gold production of 85,311 ounces, maintaining full-year guidance while advancing key projects and expanding its management team.

Meeka Metals has made substantial strides in developing its Murchison Gold Project, backed by a fully funded expansion and a robust feasibility study projecting $1 billion in pre-tax free cash flow over 10 years. With first gold targeted for mid-2025, infrastructure and mining operations are advancing ahead of schedule.

Argent Minerals has reported compelling high-grade gold, silver, copper, indium, lead, and zinc mineralisation at its Wood Gully Gossan Prospect near Kempfield, NSW, confirming significant polymetallic potential and setting the stage for expanded exploration.

Vault Minerals delivers a robust December quarter with nearly 98,000 ounces of gold produced and strong cash flow, while committing $80 million to expand its King of the Hills processing facility.