- CEO
- Justine Alexandria Magee
- Full Time Employees
- 5
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 516 Hay Street Subiaco WA Australia 6008
- IPO Date
- Jun 11, 2014
- Business
- RTG Mining Inc. RTG Mining Inc. is a mineral exploration and development company focused on high-grade gold and copper projects. The company holds a 40% interest in Mt. Labo Exploration and Development Corporation, which owns the flagship Mabilo copper-gold project in Camarines Norte Province, Eastern Luzon, Philippines, along with a 2% net smelter royalty and a loan of approximately US$27 million repayable from Stage 1 direct shipping operation proceeds; it also pursues opportunities in the Panguna copper-gold project in Bougainville, Papua New Guinea, through a joint venture with landowner associations, and maintains interests in the high-grade Chanach gold-copper project in the Kyrgyz Republic, Mt. Kare gold project in Papua New Guinea, and exploration assets including Bunawan, Nalesbitan, Bhayan, Mawab, and Taguibo in the Philippines, as well as minor assets in Africa and the Democratic Republic of Congo. RTG Mining Inc. operates primarily in the Asia-Pacific region with additional exposure in Africa, targeting institutional investors and leveraging a management team experienced in developing seven mines across five countries.
Incorporated in 2012 and headquartered in Subiaco, Western Australia, with registered offices in Road Town, Tortola, British Virgin Islands, the company lists on the Toronto Stock Exchange, Australian Securities Exchange, and OTCQB markets.
Recent developments include securing a binding finance and offtake agreement with Glencore for up to US$30 million in three tranches to fund Stage 1 development of the Mabilo project, with permitting conditions satisfied and startup targeted for the second half of 2025 or early 2026; entering a sale and purchase agreement with White Cliff Minerals Limited to acquire a 90% stake in the Chanach project; signing a memorandum of agreement with GMG Global Mining Group Limited and Tribune Mt. Kare Limited for an 80% interest in the Mt. Kare gold project pending exploration license award; and increasing its stake in Central Exploration Pty Ltd to nearly 70% while formalizing a joint venture for the Panguna project under the Bougainville Mining Act, alongside raising A$19.5 million and A$15.3 million through placements in 2025.