Latest Gold News

Catalyst Metals Limited has secured A$150 million in equity to fund organic growth and exploration across its flagship Plutonic Gold Belt and Bendigo Gold Belt projects. The company aims to nearly double gold production to around 200,000 ounces per annum while reducing costs through strategic acquisitions and infrastructure leverage.

Catalyst Metals has raised $150 million through an institutional placement to fund growth projects at its Plutonic Gold Belt and bolster its balance sheet. This capital injection positions the company to expand production and advance exploration without financial strain.

Copper Search Ltd has secured an exclusive six-month option to acquire Rimfire Pacific Mining's Cowal Project tenements, significantly enlarging its Theseus Gold and Copper Project in NSW's Lachlan Fold Belt. The move positions the company to leverage historical data and advanced analytics to validate promising drill targets near established mines.

Dateline Resources has revised its gold price assumption to US$2,900/oz for the Colosseum Gold Project, significantly enhancing the project's economic outlook ahead of its Bankable Feasibility Study.

Sunshine Metals has secured nearly $400,000 in Queensland government grants to advance drilling and geophysical surveys at its Ravenswood Consolidated Project, targeting promising gold and copper deposits.

MTM Critical Metals has confirmed the scalability of its Flash Joule Heating reactor, paving the way for commercial operations at its Texas facility later this year. The modular design promises potential throughput beyond initial targets.

Premier1 Lithium has reported promising high-grade gold mineralisation from maiden drilling at its Yalgoo and Abbotts North projects in Western Australia, highlighting significant exploration upside across extensive greenstone belts.

Great Boulder Resources has reported significant drilling results at its Side Well Gold Project, extending the Eaglehawk deposit by 200 metres and confirming new gold mineralisation at Side Well South. Ongoing exploration and a forthcoming Ironbark scoping study highlight the project's growth potential.

Gorilla Gold has completed the acquisition of the remaining 49% stake in the Comet Vale Project, boosting its ownership to 100% and positioning itself to expand the high-grade gold resource.

FMR Resources has reported promising assay results from its inaugural drilling at the Demoiselle prospect, revealing extensive copper-silver mineralisation and a new geological model to guide further exploration in Canada’s Fairfield Project.

West Wits Mining Limited (WWI) has addressed recent spikes in its share price and trading volume, linking the activity to funding developments, a strong gold price, and positive market commentary.

Lion Selection Group has committed $1 million to Koonenberry Gold’s $5 million placement, increasing its stake to nearly 7% following promising gold discoveries at the Enmore project.