Aurum Receives Environmental Approvals for Boundiali

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Stock Aurum Resources Ltd (AUE.ASX)
Release Time 25 May 2026, 8:19 a.m.
Price Sensitive Yes
 Aurum Receives Environmental Approvals for Boundiali Gold Project
Key Points
  • Three EIESA certificates granted by Côte d'Ivoire Ministry of Environment
  • Environmental approval is a prerequisite to Mining Licence approval
  • Boundiali PFS expected this quarter; DFS scheduled for Q4 CY2026
Full Summary

Aurum Resources Ltd has received environmental approval certificates for its Boundiali Gold Project in Côte d'Ivoire, marking a significant milestone on the path to mining licence approval. The Côte d'Ivoire Ministry of Environment issued three Environmental and Social Impact Assessment (EISA) certificates on May 20, 2026, covering the entire area of the Company's three mining licence applications. Environmental approval is a mandatory precondition for the grant of a mining licence in Côte d'Ivoire. The receipt of these certificates represents a critical de-risking step for the 3.22 Moz Boundiali Gold Project. Aurum's Managing Director Dr. Caigen Wang highlighted the importance of this milestone, stating that it demonstrates the strong support from the Ivorian Government, regulators, and host communities. With environmental approval now secured, Aurum is moving closer to becoming a gold producer. The company's Pre-Feasibility Study (PFS) is expected this quarter, and the Definitive Feasibility Study (DFS) is scheduled for delivery in Q4 CY2026. Aurum is also driving resource growth with 16 company-owned diamond rigs operating at Boundiali and maintains a strong financial position with A$61 million in cash.

Outlook

Aurum is driving resource growth with 16 company-owned diamond rigs operating at Boundiali and is well funded with A$61 million in cash to deliver the DFS late in 2026.