Monday, 17 August, 2026
Golden Opportunity: OceanaGold Expands Down Under with $553 Million Ausgold Deal
By TechShots Studio
Canadian producer OceanaGold has agreed to acquire Australia’s Ausgold in an all-share deal valued at approximately A$776 million ($553 million). The buyout grants OceanaGold full ownership of the Katanning Gold Project in Western Australia, expanding its global mining footprint and adding an advanced, open-pit development asset expected to deliver over 100,000 ounces of annual gold output starting in 2029.
Read full story at REUTERS