Welcome to our dedicated page for St. Augustine Gold and Copper news (Ticker: RTLGF), a resource for investors and traders seeking the latest updates and insights on St. Augustine Gold and Copper stock.
News about St. Augustine Gold and Copper Limited (RTLGF) centers on the company’s efforts to advance the Kingking Copper-Gold Project in the Philippines and the corporate actions that support that goal. Company releases highlight technical milestones, regulatory status, and financing transactions tied to this large-scale copper-gold development.
Readers can expect frequent updates on technical studies, including the updated Preliminary Feasibility Study (PFS) and the progression to a Definitive Feasibility Study (DFS). St. Augustine reports on engagements with engineering and consulting firms such as Stantec and Independent Mining Consultants, along with detailed information about mine planning, processing flowsheets, and projected production profiles for copper cathode, copper concentrate, and gold.
The news flow also covers regulatory and permitting developments in the Philippines. This includes confirmation of key approvals such as the Environmental Compliance Certificate and Declaration of Mine Project Feasibility, as well as the company’s efforts to renew its Mineral Processing Permit following earlier regulatory restrictions and operational delays.
Investors following RTLGF will see coverage of financing and capital structure events, such as non-brokered private placements, debt conversions into equity, and related party transactions conducted under Multilateral Instrument 61-101. Shareholder meeting results, board and management changes, and amendments to stock option plans are also recurring themes in company announcements.
This news page is useful for tracking how St. Augustine’s technical work, permitting status, governance decisions, and funding activities align around the Kingking Project, which the company describes as one of the largest undeveloped copper-gold deposits in the world and a top-priority mining project for the Philippine government.
St. Augustine Gold and Copper (TSX: SAU, OTC: RTLGF) closed a private placement on December 11, 2025 raising $1,204,500 through the sale of 16.5 million units. Each unit comprises one common share and two five-year warrants exercisable at $0.11, subject to certain development milestones. Non-interested shareholders approved the placement at a September 12, 2025 special meeting.
The sole subscriber was an entity controlled by director/officer Nicolaos Paraskevas, making the transaction a related-party deal under MI 61-101; because the value was under 25% of market capitalization, the company relied on valuation exemptions under TSX rules.
St. Augustine Gold and Copper (RTLGF) has engaged Stantec and Independent Mining Consultants to complete a Definitive Feasibility Study (DFS) for the Kingking Copper-Gold Project in Pantukan, Davao de Oro, Philippines, with planned completion in Q4 2026. This follows a July 31, 2025 Pre-Feasibility Study (PFS) that reported robust economics based on $4.30/lb copper and $2,150/oz gold:
- Post-tax NPV (7%): $4.18 billion
- Post-tax IRR: 34.2%
- Payback: 1.9 years
- Initial capex: $2.37 billion
- Proven and Probable reserves: 960 million tonnes; 5.40 million lb Cu and 9.77 million oz Au
St. Augustine Gold and Copper Limited (TSX: SAU) announced shareholder approval of two key matters at their Special Meeting held on September 12, 2025. The meeting saw participation from shareholders representing 41.91% of outstanding shares.
Shareholders overwhelmingly approved an Amended and Restated Stock Option Plan with 99.12% support, replacing the Legacy Option Plan to better align management interests with shareholders. Additionally, they approved a Private Placement with Nicolaos Paraskevas, consisting of 16.5 million units (each including one common share and two warrants) with 99.99% of disinterested votes in favor.
St. Augustine Gold and Copper Limited (TSX: SAU) has appointed Michael G. Regino to its Board of Directors, replacing the late Johnny Aurelio C. Felizardo. Regino, who currently serves as the Company's Chief Operating Officer, brings over 35 years of managerial experience in construction, real estate development, and mining.
Regino's impressive background includes his role as managing director at TVI Resource Development Phils Inc. and his recent position as President and CEO of the Social Security System, where he managed to deliver over P1 trillion in benefits to members. He has also served on the boards of Union Bank of the Philippines and Philex Mining.
St. Augustine Gold and Copper Limited (TSX: RTLGF) announced positive results from the updated Preliminary Feasibility Study (PFS) for its Kingking Copper-Gold Project in the Philippines. The study reveals a robust post-tax NPV of $4.18 billion and an IRR of 34.2%, with a payback period of 1.9 years.
The project boasts 960 million tonnes of reserves, including 849 million tonnes for milling and 111 million tonnes for leaching. First five-year production estimates average 284 million pounds of copper and 333,000 ounces of gold annually. The initial capital cost is estimated at $2.37 billion, with low C1 cash costs of $0.32 per pound of copper net of gold credits.
The project has secured major regulatory approvals and expanded its development area from 1,656 to over 2,976 hectares. St. Augustine plans to advance to Definitive Feasibility Study and move toward production with optimization studies focusing on improved efficiency and production methods.
St. Augustine Gold and Copper (TSX: SAU) has successfully closed its previously announced non-brokered private placement. The company issued 341,038,196 common shares at $0.073 per share, raising total gross proceeds of $24.9 million.
The funds will be utilized for general corporate purposes, with a focus on completing a feasibility study and arranging financing for the company's King-king copper-gold project. No company insiders participated in this private placement.
St. Augustine Gold and Copper Limited (TSX: SAU) has announced significant changes to its leadership team with the appointment of two new board members and a Chief Finance Officer. Nicolaos Paraskevas, former global head of copper at Glencore International, joins as Executive Director overseeing business development and financial aspects of the Kingking project. Andrew J. Russell, an original founder, becomes Project Director of the Kingking project. Additionally, Love "Lolot" D. Manigsaca, a multi-certified finance professional, has been appointed as Chief Finance Officer.
The compensation package for the new directors includes cash, private placement participation rights, and milestone options at a reduced price, pending TSX and shareholder approval.
St. Augustine Gold and Copper Limited (TSX: SAU) announced the conversion of a convertible note worth $9,120,500 into company shares. The note, originally issued to co-venture partner Nationwide Development Corporation (Nadecor) on May 30, 2025, was related to restructuring ownership interests in the KingKing Copper Gold Project in the Philippines.
Nadecor assigned portions of the note to 16 arms-length parties, resulting in the conversion of the total principal into 185,000,000 shares at a deemed price of $0.0493 per share.
St. Augustine Gold and Copper Limited (TSX: SAU) held its Annual General Meeting on June 27, 2025, where shareholders approved all proposed resolutions. The meeting saw strong support for the election of director-nominees, with each receiving 99.73% approval. Shareholders also approved Davidson and Company LLP as external auditors with 99.38% support.
The company's flagship Kingking Copper-Gold Project in the Philippines has estimated mineral reserves of 617.9 million tonnes at 0.300% total copper and 0.395 g/t gold. The project is expected to recover 3.16B lbs of copper and 5.43M oz of gold over its 25-year life, with a pre-tax NPV of $2.0 billion and IRR of 24.8%.