Welcome to our dedicated page for Austral Gold news (Ticker: AGLDF), a resource for investors and traders seeking the latest updates and insights on Austral Gold stock.
Austral Gold Limited reports developments as a gold and silver mining producer with producing and exploration assets in the Americas. Company news commonly covers quarterly activities reports, annual reporting, production and sales updates, mine activity at Casposo in Argentina and the Guanaco operations in Chile, and exploration work across projects such as Silver Juncal and Manantiales.
Recurring updates also include capital actions, processing-capacity initiatives, annual meeting materials, and the company's equity-investment pillar, including its holding in ASX-listed Unico Silver. Austral Gold's securities trade on the ASX, TSX Venture Exchange and OTCQB under AGLDF.
Austral Gold, a well-established gold producer trading under symbols ASX: AGD, TSXV: AGLD, and OTCQB: AGLDF, has announced the filing of its Q1 2025 Quarterly Activity Report. The report has been made available on multiple platforms including:
- ASX website (www.asx.com.au)
- SEDAR+ (www.sedarplus.ca)
- Company website (australgold.com)
The announcement was approved by CEO Stabro Kasaneva. For further inquiries, the company has provided contact information for David Hwang (Joint Company Secretary) and Jose Bordogna (Chief Financial Officer and Joint Company Secretary), both accessible via email and phone.
Austral Gold reports significant progress on its Casposo Plant refurbishment in Argentina, with commercial operations scheduled to begin in the second half of 2025. The plant, with a capacity of 1,300 tonnes per day, has been in care and maintenance since 2019 after processing over 530,000 gold equivalent ounces since 2010.
Key completed works include:
- Crushing Circuit completion and testing
- 80% completion of leaching tank cleaning
- Repair of thickeners and counter-current decantation systems
- Process water system refurbishment
- 80% completion of electric motor maintenance
The company plans major Q2 2025 works including SAG mill relining, primary crusher refurbishment, and new hydrocyclone installation. This refurbishment aligns with Austral's strategy to diversify revenue streams by operating a second mine complex alongside its Chilean operations.
Austral Gold has announced its upcoming 2025 Annual General Meeting (AGM) scheduled for Thursday, May 29, 2025, at 9:00am AEST. The meeting will take place at Works Boardroom at Works by Scentre Group in Sydney, NSW.
Key documents distributed to shareholders include:
- Notice of AGM
- Shareholder proxy forms for ASX-traded shares
- Shareholder proxy forms for TSX.V-traded shares
All meeting documents will be accessible through multiple channels:
- ASX website (www.asx.com.au)
- Company website (australgold.com)
- Sedar+ platform under the company profile
Austral Gold maintains listings on three exchanges: ASX (AGD), TSXV (AGLD), and OTCQB (AGLDF), positioning itself as an established gold producer with international market presence.
Austral Gold (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF), an established gold producer, has announced a change in its external auditor. BDO Audit Pty has been appointed as the company's new auditor, replacing KPMG who served since 2016. The appointment follows ASIC's consent in accordance with the Corporations Act 2001. The formal confirmation of BDO's appointment will be proposed at the company's next Annual General Meeting (AGM).
Austral Gold (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF), an established gold producer, has announced the filing of its Annual Report for the fiscal year ended December 31, 2024 (FY24).
The report has been made available on multiple platforms including the ASX website (www.asx.com.au), SEDAR+ (www.sedarplus.ca), and the company's official website (australgold.com). The filing was approved by Austral Gold's Chief Executive Officer, Stabro Kasaneva.
Austral Gold (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) announced the assignment of US$2 million from a US$3.5 million unsecured credit facility originally held by Inversiones Financieras del Sur SA (IFISA). The assignment, effective from August 30, 2024, was distributed between two Company directors: Eduardo Elsztain accepting US$1.7 million and Saúl Zang accepting US$0.3 million.
IFISA, which is the Company's largest shareholder, had previously disbursed US$2.5 million under this facility. Both Elsztain and Zang are directors and shareholders of IFISA. All other terms of the credit facility remain unchanged from the original announcement.
Austral Gold (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) announced the filing of its Q4 2024 Quarterly Activity Report. The report is now available on the ASX website, SEDAR, and the company's official website. The release was approved by CEO Stabro Kasaneva.
Austral Gold has executed a Toll Processing Agreement with Challenger Gold through its subsidiary Casposo. The agreement includes processing 150,000 tons annually of Challenger's Hualilan project material at Casposo's Plant in Argentina, with a guaranteed capacity of 450,000 tons over three years.
The deal creates a new revenue stream comprising: a US$3 million fixed payment (US$2M by January 2025, US$1M in two years), a US$110,000 monthly fee, and an incentive fee tied to recovery margins (20-30%). Operations are set to begin in H2 2025, supported by a recently secured US$7 million loan from Banco San Juan for plant refurbishment.
Austral Gold (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) has secured a US$7 million loan from Banco San Juan S.A. for its subsidiary Casposo Argentina The loan will be disbursed in five tranches over several months, starting with US$1.5 million. The funds will be used to refurbish the Casposo Plant to process material from Challenger Gold's Hualilan Project, following a recently announced Binding Memorandum of Understanding.
The loan terms include an 8% annual interest rate and a 24-month repayment period with a 6-month grace period. The loan is secured by a pledge guarantee over Casposo's Plant and a mortgage over the farmland where the processing plant is located.
Austral Gold announces its subsidiary, Casposo Argentina Mining, has signed a Binding MOU with Challenger Gold to process mineralised material from the Hualilan Project at the Casposo Plant in Argentina. The three-year agreement includes:
- A US$3 million fixed payment (US$2M within 15 days, US$1M in two years)
- A US$110,000 monthly fee
- An incentive fee based on recovery margins
- Guaranteed processing of 150,000 tons annually (450,000 tons total)
Operations are expected to commence in H2 2025, with Casposo responsible for securing funding for plant refurbishment by July 31, 2025. The agreement includes an exclusivity clause until June 30, 2025.