Latest Tolu Minerals (ASX:TOK) News

Tolu Minerals has raised A$60.5 million through a well-supported institutional placement to fund exploration and refurbishment at its Tolukuma Gold Mine, signaling confidence in its growth strategy.

Tolu Minerals has completed a groundbreaking airborne LiDAR survey over its Tolukuma prospects, delivering ultra-precise topographic data to guide targeted drilling and infrastructure planning.

Tolu Minerals’ recent airborne magneto-telluric survey has identified a large, deep porphyry system at Mt. Olom, Papua New Guinea, supported by significant historical copper, molybdenum, gold, and silver mineralisation. The company plans systematic follow-up including drilling to unlock this promising copper-gold opportunity.

Tolu Minerals announces a leadership change with Dr Chris Muller stepping in as CEO to guide the company through a pivotal phase of exploration and production at the Tolukuma Gold Mine.

Tolu Minerals Limited reported a $6.7 million loss for the half-year to June 2025, doubling last year’s deficit as it invests heavily in refurbishing the Tolukuma Gold Mine and expanding exploration. A recent $27.25 million capital raise aims to fund these ambitious development plans.

Tolu Minerals has completed a new access road to its Tolukuma Gold Mine, enabling vehicle access from Port Moresby and slashing operational costs by over 75%. This infrastructure milestone also opens vast new exploration opportunities and benefits local communities.

Tolu Minerals reports significant progress at its Tolukuma Gold Mine, unveiling infrastructure upgrades and a $14.3 million exploration program aimed at boosting production and extending mine life.

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Tolu Minerals has launched a major exploration campaign targeting historically rich gold veins near the Tolukuma Gold Mine in Papua New Guinea, aiming to expand its mineral resources with drilling planned for Q3 2025.

Tolu Minerals has secured a key exploration license in Papua New Guinea, revealing five fresh copper-gold targets from advanced airborne geophysics, while appointing renowned porphyry expert Doug Kirwin to its advisory board.

Tolu Minerals has raised A$27.25 million through a placement to fund extensive exploration and refurbish its Tolukuma Gold Mine in Papua New Guinea, signaling a strategic push towards early gold production.

Tolu Minerals reports significant progress in recommencing production and expanding resources at its Tolukuma mine, underpinned by strategic hires and advanced geophysical surveys.