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[SITUATION] · [ACTIVE]
2 clusters · 4 sources · 7 days · First seen · Last updated
Categories: BUSINESS
Australian gold mining expansion
Entities: Australian Securities Exchange · Pithara Gold Mine · Western Australia · Catalina Resources Ltd · Ross Cotton
Overview
In late July 2026, two Australian gold miners reported significant progress.
Kingsgate Consolidated highlighted that its Chatree Gold Mine in Thailand has now produced over 200,000 oz of gold and 2 million oz of silver since restarting in March 2023. The company also noted ongoing remediation at Plant 1, which is operating at about half its design capacity while critical mill components are being overhauled.
Catalina Resources announced the acquisition of four Mid‑West projects in Western Australia—Kirkalocka, Pithara, Tallering and Warriedar—financed by a $3 million placement, and presented assay results confirming consistent gold mineralisation and notable copper intercepts. Within a week, Catalina began a 26‑hole, 3,120 m reverse‑circulation drilling program at the historic Pithara Gold Mine, targeting high‑grade extensions identified through a new geological reinterpretation. The drilling effort follows the earlier acquisition and aims to unlock additional high‑grade ore beyond the historic pit.
Together, the updates show both companies moving from production milestones and portfolio expansion toward further development and exploration of newly acquired assets.
Timeline
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2 days ago
[BUSINESS] 2 sourcesCatalina Resources plans high‑grade drilling at Pithara Gold MineCatalina Resources has launched a 26‑hole, 3,120 m drilling program at Western Australia’s Pithara Gold Mine to test high‑grade extensions identified in a new geological reinterpretation, following historic ore
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9 days ago
[BUSINESS] 3 sourcesAustralian gold miners Kingsgate and Catalina report production milestone and new Mid‑West acquisitionsKingsgate logged a 200,000‑oz gold milestone at Thailand’s Chatree mine and plant remediation progress, while Catalina acquired four Mid‑West gold projects and advanced its Yilgarn and Breakaway Dam targets.
Sources
abnnewswire.net · finnewsnetwork.com.au · mining.com.au · sharecafe.com.au