Turaco Gold Ltd
0.68
AUD
-0.03
(-4.90%)
ISIN
AU0000169039
Return %
Stock
S&P 500
1Y
44.68
14.20
3Y
1,260.00
81.12
5Y
353.33
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Justin Albert Tremain
- Full Time Employees
- 26
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 50 Ord Street West Perth WA Australia 6005
- IPO Date
- May 26, 2008
- Website
- turacogold.com.au
- Similar Companies
- Business
- Turaco Gold Limited is an Australian gold exploration company focused on advancing its flagship Afema Gold Project in southern Côte d’Ivoire, West Africa. The company's core products and services include exploration, delineation, and development of gold mineral resources primarily through its extensive Birimian greenstone terrain tenement package encompassing more than 1,600 square kilometers. Turaco holds ownership interests in granted mining permits and multiple contiguous exploration permits at the Afema Project, which has an initial JORC Mineral Resource Estimate of 4.06 million ounces of gold as of October 2025. The company operates an active exploration program with multiple drill rigs, targeting resource growth and feasibility studies for a 5-6 million tonnes per annum scale operation. Recent major changes include Turaco's March 2024 acquisition of an initial interest in the Afema Project, which has rapidly advanced to a significant undeveloped gold project status within two years of ownership. In mid-2025, Turaco successfully raised approximately AUD 60 million in a heavily oversubscribed capital placement to accelerate exploration, resource drilling, regional expansion, and feasibility studies at Afema. Additionally, in July 2025, Turaco divested the Eburnea Gold Project in Côte d’Ivoire to Santa Fe Minerals Limited, receiving shares in Santa Fe as part of the transaction, thus streamlining its focus on Afema. This disposal included full ownership transfer of permits related to Eburnea while retaining a strategic stake in Santa Fe Minerals. Founded in 2007 and headquartered in West Perth, Australia, Turaco Gold targets institutional investors and mining partners interested in West African gold exploration and production. The management team and board bring extensive experience in resource discovery and project development from prior successful mining ventures. Turaco Gold’s strategic focus remains on advancing Afema through resource growth, permitting, and feasibility, leveraging the granted mining license supported by a Mining Convention with the Côte d’Ivoire government, ensuring a stable operational framework. The company continues to push regional exploration along the Afema Shear and is supported by established institutional investors and specialized mining financiers.