RTG Mining
RTG Mining is an ASX/TSX-listed, pre-revenue mineral exploration and development company focused on building the high-grade Mabilo copper-gold project in the Philippines, with a diversified project portfolio across the Kyrgyz Republic and PNG, and a Glencore offtake and financing partnership for first production.
- Company typePublic
- Founded2012
- HeadquartersSubiaco, Australia
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What RTG Mining does
RTG Mining Inc. is an Australia-incorporated, dual-listed (ASX:RTG, TSX:RTG) mining exploration and development company that is explicitly pre-revenue and is building out a multi-jurisdiction copper-gold project portfolio. Its primary development asset is the high-grade Mabilo Copper-Gold Project in Camarines Norte, Philippines, in which it holds a 40% interest in Mt. Labo Exploration and Development Corporation (the operating vehicle), plus a 2% Net Smelter Royalty and a ~US$27M inter-company loan to be repaid from DSO proceeds. The Mabilo Mineral Resource stands at 12.8Mt containing 227,000t Cu and 762,400oz Au (52% in the Indicated category), with ECC, Feasibility Study approval, Mining Licence and expanded MPSA already secured; commercial production is targeted via a Stage 1 DSO financed through Glencore International AG.
The portfolio is diversified across the Chanach Copper-Gold Project in the Kyrgyz Republic (90% owned; JORC Inferred Resource of 484,000oz Au and 64,000t Cu), the Panguna redevelopment opportunity in Bougainville PNG (where RTG is the SMLOLA landowner consortium's developer of choice), and early-stage Philippine exploration projects at Bunawan and Nalesbitan. Technology centres on diamond drilling, geological modelling, geophysical surveys (GAIP/DDIP), and domain expertise in magnetite skarn and epithermal gold systems; the company holds no AI/ML or software-stack intellectual property and has filed no patents.
The business model is conventional mining-development: capital is raised from institutional and sophisticated investors (Equinox Partners, Franklin Resources, Hains Family, B2Gold, etc.) through periodic equity placements, with cumulative disclosed raises well in excess of A$130M since 2016 and a market capitalisation of approximately C$76.79M (April 2026) on 1,919,705,411 shares. Future revenue mechanics will combine hardware sales of copper and gold from Mabilo through offtake agreements with Glencore (and direct sales at prevailing market prices) and a 2% Net Smelter Royalty stream on Mabilo production. Investors are principally global institutional funds exposed to commodities and the energy-transition metals theme, and the company markets itself through ASX/TSX regulatory filings, corporate presentations and sell-side coverage by Haywood, Hartleys and Argonaut.
RTG Mining firmographics
Firmographics- Name
- RTG Mining
- Legal name
- RTG Mining Inc.
- Website
- https://rtgmining.com
- Company type
- Public
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- RTG Mining is an ASX/TSX-listed, pre-revenue mineral exploration and development company focused on building the high-grade Mabilo copper-gold project in the Philippines, with a diversified project portfolio across the Kyrgyz Republic and PNG, and a Glencore offtake and financing partnership for first production.
- Ownership category
- akta.pro rank
RTG Mining industry classification
Industry- Product category
- Copper and Gold Mining
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Gold Ore and Silver Ore Mining (212220)
- SIC
- Metal Mining (1000), Gold And Silver Ores (1040)
- akta.pro primary industry
- Copper Exploration & Resource Development (IMAKADAA)
- akta.pro secondary industry
- Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)
Keywords
Where RTG Mining is headquartered
LocationHeadquarters
- HQ city
- Subiaco
- HQ country
- Australia
- HQ region
- Oceania
Offices4 records
Markets served
RTG Mining business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Technology or R&D, Supply Chain
Revenue model
- Gold and Copper Production: RTG Mining is a pre-revenue exploration and development company. The primary revenue stream will come from gold and copper production at the Mabilo Project once permitting is complete and operations commence. The company holds a 40% interest in Mt. Labo Exploration and Development Corporation which owns the Mabilo Project, along with a 2% Net Smelter Royalty and a loan of approximately US$27M to be repaid from DSO proceeds.
- Net Smelter Royalties: The company holds a 2% Net Smelter Royalty on the Mabilo Project production
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
RTG Mining product offering
Product offeringCore offering
RTG Mining is a mining exploration and development company focused on advancing high-grade copper and gold projects to production. The company's primary asset is a 40% interest in the Mabilo Copper-Gold Project in the Philippines (held through Mt. Labo Exploration and Development Corporation), with additional exploration projects including Chanach (Kyrgyz Republic), Panguna (Bougainville), Bunawan and Nalesbitan (Philippines).
Product overview
RTG Mining is a mining and exploration company with a portfolio of gold and copper projects across multiple jurisdictions. The company's primary focus is on developing the high-grade Mabilo Copper-Gold Project in the Philippines, where it holds a 40% interest through Mt. Labo Exploration and Development Corporation. The project portfolio also includes the Chanach Copper-Gold Project in the Kyrgyz Republic (90% owned), the Panguna copper-gold redevelopment opportunity in Bougainville PNG, the Bunawan gold exploration project in the Philippines, and the Nalesbitan copper porphyry project also in the Philippines. The company is listed on the Toronto Stock Exchange and Australian Securities Exchange with a track record of developing seven gold mines across five countries.
Differentiator
Problem solved
Functional benefit
Products and services
- Mabilo Project High-grade copper and gold project located in Camarines Norte Province, Philippines. RTG holds a 40% interest in Mt. Labo Exploration and Development Corporation which owns the Mabilo Project, together with a 2% Net Smelter Royalty and a loan of approximately US$27M to be repaid from DSO proceeds. Permitting is well advanced with the company targeting near-term development start-up.
- Chanach Project Highly prospective gold and copper project in the Kyrgyz Republic with a 3km strike length with only 5% tested. RTG acquired a 90% stake in the project. Hosts a JORC compliant Inferred Mineral Resource of 2.95 Mt @ 5.11 g/t Au for 484,000 ounces of Au and 17.23 Mt @ 0.37% Cu for 64,000t of Cu.
- Panguna Project Opportunity for redevelopment of the historic Panguna gold and copper mine in Bougainville, PNG. RTG is the landowner's developer of choice, working with the Special Mining Lease Osikaiyang Landowners Association (SMLOLA) through a joint venture to secure an exploration licence at the high tonnage copper-gold project.
- Bunawan Project Early exploration gold project in the Pacific Cordillera volcanic arc in the South Philippines, approximately 5km NE of Medusa Mining's Co-O mine. Potential for 2-3 million ounce discovery with reconnaissance drilling completed in 2014-2015.
- Nalesbitan Project Copper porphyry potential project located 15km west of the Mabilo development project in the historic Paracale Gold District in Eastern Luzon, Philippines. The 1,161 hectare project area covers gold production dating back to the early 20th century. Historical resource estimate: 5.03 million tonnes @ 1.05 g/t Au for 169,979 oz Au.
Quantifiable outcome
- Mabilo Project: 12.8Mt containing 227,000t Cu and 762,400oz Au mineral resource with 52% increase in Indicated category
- +3 more outcomes
Companies that use RTG Mining
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
RTG Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
RTG Mining partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TVI Resource Development (Phils.) Inc. (TVIRD)coreTVIRD is a project partner in the Mabilo Project through a comprehensive settlement and restructuring agreement. A binding Memorandum of Agreement was signed to resolve all outstanding litigation and restructure the Mabilo Project ownership and operations.
- Mt. Labo Exploration and Development CorporationcoreRTG Mining holds a 40% interest in Mt. Labo which owns the high-grade Mabilo Copper and Gold Project in the Philippines, together with a 2% Net Smelter Royalty and a loan of approximately US$27M to be repaid from DSO proceeds.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
RTG Mining competitors and assessment
Company assessmentDirect peers
- OceanaGold Corporation: Mid-tier gold-copper producer operating the Didipio copper-gold mine in the Philippines. Directly comparable to RTG on commodity mix, geography and mining-method stack, and represents a benchmark for what a permitted and producing Filipino copper-gold asset can be worth.
- Medusa Mining Limited: Australian-listed Philippines-focused gold producer via the Co-O mine in Eastern Mindanao. Bunawan Project is described as approximately 5km NE of Medusa's Co-O mine, and the broader geology and diatreme-style targets are directly analogous — making Medusa the closest geological peer.
- Sandfire Resources Limited: ASX-listed copper-gold miner with global operations. Non-executive director Robert N. Scott also serves on Sandfire's board, and the company shares the same base-metal-plus-precious-metal orientation as RTG's Mabilo and Chanach assets.
- Thor Explorations Ltd: West Africa-focused gold developer/producer with the Segilola Gold Project in Nigeria, which RTG monetized via its 2016 sale of its interest. Comparable stage of development, single-project focus, and small-cap gold producer trajectory similar to RTG's Mabilo plan.
- CGA Mining Limited: ASX-listed predecessor to RTG under the same management team; developed the Masbate Gold Mine which was acquired by B2Gold for $1.1Bn in 2013. Represents the historical operational model and value-creation template that management is now replaying with Mabilo.
Broad incumbents
- B2Gold Corporation: Senior gold producer and RTG shareholder that previously acquired the Masbate mine in 2013 for $1.1Bn through its acquisition of CGA Mining — RTG's predecessor under the same management. B2Gold provides a reference point for Mabilo's development pathway and validates Filipino gold-copper economics at scale.
- Resolute Mining Limited: Australian mid-tier gold producer. Chairman Michael Carrick was formerly CEO of Resolute and CEO Justine Magee previously headed corporate and finance at Resolute, and COO Mark Turner was General Manager Operations. Resolute serves as the operational analogue for what RTG's team can build.
- Newcrest Mining Limited: Australian senior gold-copper producer (now part of Newmont). COO Mark Turner previously worked at Newcrest, and the company's copper-gold porphyry expertise and open-pit operating experience is the technical benchmark relevant to Mabilo's magnetite skarn deposit.
Emerging players
- White Cliff Minerals Limited: ASX-listed junior miner that sold its 90% interest in the Chanach Gold-Copper Project in the Kyrgyz Republic to RTG in 2019. Comparable junior-mining exploration profile with copper-gold targets in Central Asia and a focus on resource-stage projects.
- Troy Minerals Inc. Emerging copper-gold explorer with projects across Australia and overseas. Comparable small-cap, dual-listed, multi-jurisdiction gold-copper exploration profile similar to RTG's portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
RTG Mining social profiles
Digital presenceRTG Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
RTG Mining leadership team
Management profileNumber of profiles
Profiles7 records
RTG Mining subsidiaries and ownership
Company hierarchySubsidiaries3 records
RTG Mining funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RTG Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RTG Mining
What does RTG Mining do?
RTG Mining is a mining exploration and development company focused on advancing high-grade copper and gold projects to production. The company's primary asset is a 40% interest in the Mabilo Copper-Gold Project in the Philippines (held through Mt. Labo Exploration and Development Corporation), with additional exploration projects including Chanach (Kyrgyz Republic), Panguna (Bougainville), Bunawan and Nalesbitan (Philippines).
Is RTG Mining a public or private company?
RTG Mining is a public company. It is classified as public and is currently operating.
When was RTG Mining founded?
RTG Mining was founded in 2012. It employs 11 to 50 people.
Where is RTG Mining based?
RTG Mining is headquartered in Subiaco, Australia, in the Oceania region.
How does RTG Mining make money?
Two revenue lines are on record. Gold and Copper Production is the primary driver. The others are net Smelter Royalties.
Who are RTG Mining's main competitors?
Direct peers on record are OceanaGold Corporation, Medusa Mining Limited, Sandfire Resources Limited, Thor Explorations Ltd and CGA Mining Limited. Broad incumbents are B2Gold Corporation, Resolute Mining Limited and Newcrest Mining Limited. Emerging players are White Cliff Minerals Limited and Troy Minerals Inc..
Does RTG Mining have an API?
No public API is recorded for RTG Mining.
What industry is RTG Mining in?
RTG Mining's product category is Copper and Gold Mining. Its primary akta.pro industry code is IMAKADAA, Copper Exploration & Resource Development, with a secondary code of IMAKADAB, Copper Ore Mining (Open-Pit & Underground). Its NAICS code is 212230 and its SIC code is 1000.