Latest Austral Gold News

Austral Gold lifted Guanaco production by 17% in Q2 2026, cut unit costs, and filed a new technical report extending mine life to 2040 with a US$192 million NPV. Toll processing at Casposo added US$5.9 million in fees, while exploration advanced in Chile and Argentina.

Austral Gold has unveiled a comprehensive 14-year life-of-mine plan for its Guanaco Mine in Chile, underpinned by a US$192.1 million after-tax NPV and robust mineral reserves.

Freehill Mining has signed a non-binding MOU with Austral Gold to fast-track copper and copper-gold project development in Chile, leveraging Austral’s operational expertise to boost Freehill’s strategic growth.

Austral Gold has confirmed significant silver-gold mineralisation across multiple veins at its Juncal Project in Chile, setting the stage for its first-ever drilling campaign.

Challenger Gold has poured its first gold bar from the Hualilán project in Argentina, initiating a production ramp-up under a toll milling agreement that secures processing capacity for three years.

Austral Gold Limited has reported a return to profitability in FY25, driven by the reopening of its Casposo Mine and a significant increase in gold equivalent production. The company also strengthened its balance sheet through a successful private placement and equity investments.

Challenger Gold has initiated ore haulage from its Hualilán Mine to the Casposo Plant, marking a pivotal step in its toll milling strategy aimed at near-term production and cash flow. The company also reports robust resource and reserve updates alongside key infrastructure advancements.

Austral Gold has raised A$8.456 million through a strategic placement aimed at accelerating exploration and expanding processing capacity in its key South American assets.

Austral Gold Limited has restarted commercial production at its Casposo mine, driving a 170% surge in quarterly sales revenue to US$23.8 million and strengthening its financial position with reduced debt and increased cash reserves.

Austral Gold has inked major mining service agreements to advance open pit operations at its Casposo Mine, aligning with its 2026 production targets. Early production is on track, underpinning confidence in the company’s growth trajectory.

Austral Gold has released its production guidance for fiscal 2026, forecasting 26,000 to 30,000 gold-equivalent ounces from its Chilean and Argentine operations. The outlook reflects steady output at Guanaco and a restart at Casposo, with a notable toll-processing agreement shaping part of the year’s production.

Austral Gold has received TSX Venture Exchange approval to issue 1,025,077 shares as repayment of accrued interest on convertible notes, following a recent principal conversion. This move reflects ongoing capital management efforts amid the company’s growth strategy.