OceanaGold to Buy Ausgold for $549M, Adding Katanning Gold Project

Impact · against what's priced in

OceanaGold expands its asset pipeline with the acquisition of the Katanning Gold Project, leveraging a strong balance sheet of $655 million in cash and zero debt. The deal provides a clear production path of 100,000 ounces annually starting in 2029, while Dundee Corporation realizes liquidity for its holding in Ausgold.

OGC+0.50: No priced-in read yet
In context: The acquisition of Katanning adds a fifth asset to the portfolio with expected annual production of 100,000 ounces starting in 2029, funded without incurring debt.
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OceanaGold to Buy Ausgold for $549M, Adding Katanning Gold Project

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OceanaGold to Buy Ausgold for $549M, Adding Katanning Gold Project

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OceanaGold to Buy Ausgold for $549M, Adding Katanning Gold Project

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