Blue Gold Limited Stock Price, News & Analysis

Blue Gold (Nasdaq: BGL) announced the appointment of Jagdish M. Chanrai to its Advisory Board on October 31, 2025, aiming to strengthen the company’s experience in gold trading, commodity-based trade finance, and scaling public-company operations.

The company said the advisor will support its planned gold token — a transparent, auditable, liquid digital gold currency — and help advance Blue Gold’s vertically integrated trading and tokenization strategy across Africa, the Middle East, and Asia. Additional milestones are expected in the coming weeks.

Blue Gold (Nasdaq: BGL) announced on October 29, 2025 a vertically integrated "mine-to-wallet" strategy to combine physical gold production with tokenization and a digital payment platform.

The plan creates two divisions: a Physical Division (UK and UAE) to restart the Bogoso and Prestea mines, develop long-life mines, and launch a UAE gold trading division to acquire gold for tokenization; and a Digital Division (US) to manage an independent trust owning the gold, outsource storage and audits, tokenize bullion, and issue a universal wallet called Blue Gold One to enable spending and transfers of gold-backed tokens, with tokens to be issued in the US and marketed to US citizens.

Blue Gold Limited (Nasdaq: BGL) has signed a definitive Purchase Agreement to acquire up to 90% interest in the Mampon Gold & Copper Mining Lease in Ghana's Ashanti Gold Belt. The transaction will occur in two tranches: a $15 million first tranche for 50% stake paid in shares, and a second tranche option for the remaining 40% based on resource verification.

The Mampon deposit contains 260,000 ounces of Indicated gold resources and is located 80 km north of Bogoso's processing plant. The second tranche payment structure includes up to $55 per gold ounce (capped at 6M ounces) and $50 per copper ton (capped at 4M tons). This acquisition marks Blue Gold's first step in its broader M&A growth strategy aimed at expanding its resource base and supporting its digital gold initiatives.

Blue Gold (Nasdaq: BGL) has appointed Sameer Salgar, Founding Partner and CFO of Quazar Investment, to its Advisory Board. Salgar brings over 20 years of investment and strategic advisory experience, having participated in notable transactions including an $8 billion Citgo Refining bid and a $50 million strategic partnership with NeOnc Technologies.

In his role, Salgar will guide Blue Gold's Digital Gold Initiative rollout, help establish UAE-based gold vaulting infrastructure, and facilitate connections with regional capital providers. The appointment aligns with Blue Gold's strategy of combining mining assets with a tokenized gold platform while expanding its presence in the UAE financial market.

Blue Gold Limited (NASDAQ:BGL) has secured significant financing through two key arrangements: a $5 million senior convertible notes private placement and a $75 million equity line of credit. The convertible notes include an initial $3.5M tranche maturing September 2026, with a potential additional $1.5M tranche, featuring a 7% annual interest rate and conversion price of $13.51 per share.

The financing package includes warrants for 215,299 shares at $16.88 per share and an equity line enabling BGL to sell up to $75M in new shares, subject to SEC and regulatory requirements. The company plans to use proceeds for acquiring mining assets and expanding its Digital Gold Initiative, which includes developing a gold-backed stablecoin platform.

Blue Gold (NASDAQ:BGL) has appointed veteran Wall Street financier Jeremy Frommer to its Executive Advisory Board. Frommer, currently Executive Chairman of Creatd, Inc., brings over 20 years of leadership experience in financial markets and technology.

Frommer's notable career includes founding NextGen Trading, serving as CEO of Carlin Financial Group, and holding the position of Managing Director and Head of Global Prime Services at RBC Capital Markets. He will provide strategic guidance on expanding institutional investor reach and accelerating the integration of blockchain-enabled gold-backed assets into global markets.

The appointment aligns with Blue Gold's strategy of developing gold assets while advancing a blockchain-powered gold-backed token ecosystem for institutional and retail investors.

Blue Gold Limited (Nasdaq: BGL) has announced strategic initiatives to transform into the world's first digital gold company. The company has signed a non-binding term sheet to acquire the Mampon Copper/Gold mining license in Ghana for an initial consideration of $26.25m, targeting resources of 300,000 oz of gold.

Key developments include the exploration of the Blue Gold Token (BGT), a fractional gold futures token in partnership with TripleBolt Technology, and plans for a digital gold wallet with payment platform. The company is actively pursuing acquisition opportunities to reach 2 million ounces of annual production within five years. Additionally, BGL continues to work on resolving the Bogoso Prestea mine lease dispute with the Ghanaian government while proceeding with international arbitration.

Blue Gold Limited (Nasdaq: BGL) has signed a non-binding term sheet to acquire 90% of the Mampon Gold Mine in Ghana's Ashanti Gold Belt from FGR Bogoso Prestea Limited. The strategic acquisition, valued at $26.25 million initially at $35 per share, includes potential additional payments based on resource confirmation.

The Mampon mine contains 300,000 ounces of Measured & Indicated gold resources and is located 80 km north of Bogoso. The deal structure includes performance-based payments of up to $45 per confirmed gold ounce (capped at 6M ounces) and $55 per confirmed copper ton (capped at 4M tons). This acquisition complements BGL's existing 5.1 Moz Bogoso-Prestea Mine acquired in 2024.

Blue Gold (NASDAQ:BGL) has partnered with TripleBolt Technology to develop the Blue Gold Token (BGT), a new gold-backed cryptocurrency. The token will be backed by legally binding, long-term futures contracts on physical gold, with each token representing a 1-gram equivalent claim on deliverable gold futures.

The technical implementation includes an ERC-20 token architecture, smart contract engineering with time-lock mechanisms, and integration with Blue Gold's existing proof of reserves system. The token will feature a redemption framework for physical gold or cash equivalents, comprehensive security audits, and initial liquidity deployment on decentralized exchanges.