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Southern Cross Gold (ASX: SX2) reports bonanza antimony grades up to 47% alongside high-grade gold at Sunday Creek, strengthening its position as a strategic gold and critical minerals project.
The ASX ended the week slightly lower with banking weakness, technology rotation and slowing economic growth. Here’s what moved Australian markets and what investors are watching next.
Genesis Minerals has completed its A$639 million acquisition of Magnetic Resources, expanding its WA gold footprint and launching its ASPIRE 500 growth strategy backed by a 21.3Moz resource base.
CZR Resources has launched a A$44.8 million takeover of Zuleika Gold, combining complementary Western Australian gold assets to build a stronger exploration company with greater scale and growth potential.
The ASX 200 slipped as Judo Capital plunged more than 40% following a profit downgrade. Falling oil prices, weaker commodities and banking weakness overshadowed stronger Australian employment data.
Australian shares slipped as Fed Chair Kevin Warsh signalled possible interest rate hikes later in 2026. Gold rose, technology stocks fell, and investors reassessed global market risks.
West African Resources to return A$175M to shareholders after Burkina Faso acquires Kiaka stake. Explore the deal, risks, and market impact.
Aurum Resources lifts Napié gold resource by 34% to 1.16Moz, taking total resources to 4.2Moz. Strong drilling upside and high recoveries support growth outlook.
Northern Star shares tumble after operational issues at the KCGM mine threaten production guidance, sending shockwaves through the ASX gold sector.
Westgold Resources secures a $600M revolving credit facility, lifting total liquidity to $1.2B as the gold miner strengthens its balance sheet for growth and acquisitions.
Ora Banda Mining expands Round Dam gold resource to 1.33 million ounces, lifting total Davyhurst project inventory to 3.3 million ounces and sending shares higher on the ASX.
Pan African Resources plans to acquire Emmerson Resources in a $311 million takeover, offering a 42.7% premium. The deal consolidates the Tennant Creek gold region in Australia.
The ASX ended the week slightly lower with banking weakness, technology rotation and slowing economic growth. Here’s what moved Australian markets and what investors are watching next.
Genesis Minerals has completed its A$639 million acquisition of Magnetic Resources, expanding its WA gold footprint and launching its ASPIRE 500 growth strategy backed by a 21.3Moz resource base.
CZR Resources has launched a A$44.8 million takeover of Zuleika Gold, combining complementary Western Australian gold assets to build a stronger exploration company with greater scale and growth potential.
Southern Cross Gold (ASX: SX2) expands its Sunday Creek discovery with high-grade gold-antimony intercepts, 11 active drill rigs and 67 pending assays as exploration accelerates.
Far East Gold (ASX: FEG) surges after receiving an unsolicited A$0.13 per share cash takeover offer from Xingye Gold, which already owns 19.99% of the company.
Wia Gold (ASX: WIA) secures A$92 million from institutional investors to fast-track the 2.93Moz Kokoseb Gold Project in Namibia toward production.
ASX:BC8 reports thick, high-grade gold intercepts at Paulsens—incl. 5m @ 90.55g/t Au—as new lodes remain open and drilling is prioritised ahead of mining. Resource 548koz; Reserve 87koz; development drives underway.
ASX 200 rises as banks and miners advance. Wall Street set new records led by NVIDIA and Apple. See sector moves, top stocks, commodities and what to watch next.
PVW acquires US gold–silver projects in Nevada and Idaho and raises A$2.5m. See historic (non-JORC) resource details, new board, drilling plans and market context.
Falcon’s Blue Moon wedge returns 0.3m @ 185 g/t gold; second rig to mobilise in October as strike testing expands. See assays, geology, MD quote.
Krakatoa Resources (ASX: KTA) has launched drilling at its Zopkhito Project in Georgia, aiming to convert a foreign estimate into a JORC-standard gold and antimony resource.
iTech Minerals (ASX: ITM) discovers two new high-grade antimony zones at Reynolds Range, NT. Rock chips up to 30.6% Sb with gold. Drilling scheduled for 2025.
Southern Cross Gold (ASX: SX2) expands its Sunday Creek resource by 77% to 1.7Moz AuEq. 94% of ounces are within 500m of surface. High-grade drilling and critical mineral exposure position SX2 for major upside.
Torque Metals (ASX: TOR) intercepts 12m @ 4.16g/t Au at New Paris in maiden drilling. Early success validates exploration model across New Dawn Corridor. Investor confidence rises in WA gold growth story.
Krakatoa Resources (ASX: KTA) begins 7,000–10,000m drilling at Zopkhito Sb-Au Project in Georgia, aiming to convert foreign resource into JORC-compliant gold and antimony asset.
BMG Resources (ASX: BMG) signs MoU to process Abercromby Gold ore at nearby Matilda Plant, paving the way for low-capex production. High gold grades and processing access spark investor interest.
Krakatoa Resources (ASX: KTA) raises $1.3M to commence maiden drilling at its high-grade Zopkhito Antimony-Gold Project in Georgia, targeting a JORC-compliant resource upgrade.
Aurum Resources (ASX: AUE) begins Phase 2 drilling at Boundiali Gold Project, targeting maiden JORC Resource by 2025. Read the latest update here.
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