OceanaGold has signed a definitive agreement to acquire all outstanding shares of Ausgold for an equity value of approximately US$549 million (A$776 million). The acquisition will be conducted via a scheme of arrangement approved by the Australian courts and is expected to be completed in December 2026, subject to shareholder and regulatory approvals. Ausgold owns the Katanning Gold Project in Western Australia, which is projected to produce over 100,000 ounces of gold annually. The Ausgold board has unanimously recommended the proposal, and major shareholder Dundee has expressed its support.