JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Rox Resources Limited

RXL·$0.45·$460.5M cap
GoldYouanmi Gold Project Map

Rox Resources Limited is a West Australian gold developer building the 100%-owned Youanmi Gold Project (~480km northeast of Perth, near Mt Magnet), a historic gold field being redeveloped as an open-pit/underground operation. The Board approved a Final Investment Decision on 19 Mar 2026 following the Definitive Feasibility Study (13 Nov 2025) and receipt of the Mining Development and Closure Proposal amendment approval, and the company subsequently secured an A$350 million debt package (Societe Generale, SMBC, HSBC, Westpac) that, combined with Dec 2025 equity funding, fully funds the project through to production. Financial close and first debt drawdown are targeted for the Sep 2026 quarter, construction is underway, and first gold pour is targeted for mid-2027.

Notable vs. Peers

  • Financials score of 10/10 is stronger than the peer average of 6.4/10.
  • Trading within 0% of its 52-week high — strong recent price momentum.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFS
Feasibility
Permitting
ConstructionCurrent
Production

Construction Milestones

2 of 5 reached
  1. Mar 2026 · Mining Development and Closure Proposal (MDCP) amendment approval received from WA's Department of Mines, Petroleum and Exploration, enabling construction of the new Processing Plant, TSF3, and Power Station/Solar Array. Received shortly before the 19 Mar 2026 FID; exact grant date not separately confirmed in sources checked this pass, so the FID announcement date is used as a same-period proxy rather than an invented earlier date. · Source
  2. Mar 2026 · Rox Resources' Board approved the Final Investment Decision for the 100%-owned Youanmi Gold Project on 19 Mar 2026. · Source
  3. Not yet reached
  4. Not yet reached
    Expected Mid-2027 · First gold pour at Youanmi · Source
  5. Not yet reached

Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.

10/10
Weak track recordStrong track record
10/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
5.6/10
Weaker depositStronger deposit
8.7/10
Weaker profileStronger profile
Price Chart
$0.212$0.268$0.385$0.314$0.45AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$0.45
+116%from low0%from high
$0.21$0.45
See who ↓
0.5%
Low alignmentHigh alignment
See who ↓
37.5%
Low alignmentHigh alignment
$460.5M
Far belowFar above
$563.3M median
Price (USD - Local)
$0.45 - AUD 0.63
Cash Position (USD)
$163.7M
Far belowFar above
$90.6M median
Debt (USD)
Far aboveFar below
$6.2M median
$296.8M
Far belowFar above
$527M median
1.4B
Far aboveFar below
303M median
Jurisdiction
Australia
2,170,000 oz
Far belowFar above
1.3M median
$136.77/oz
Far aboveFar below
$158.80/oz median
0.1633 oz/tCut-off: Development 0.9 g/t Au; Stoping 3.0 g/t Au (mine-plan cutoffs)
Far belowFar above
0.04 oz/t median
Open pit and underground (Definitive Feasibility Study-defined mine plan; not yet in production)
7 yrs
Far belowFar above
11 yrs median
$1,978/oz
$987M(at $3,666/oz)
Far belowFar above
$596.9M median
0.47x
Far aboveFar below
0.40x median
This company's data hasn't been researched yet
Not enough peer data yet
$3,666/oz18% below spot ($4,480/oz)
69%Clears Durrett's 25% developer bar
Far belowFar above
41% median
0.5%
0%100%
19.3% median
37.5%
0%100%
3% median
177 kmfrom Gold Fields Limited's Agnew
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
4.7/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+8.7% since 2026-08-08

Your Rankings

Community Sentiment
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Management Team

Managing Director and CEO of Rox Resources Limited, leading the company through Final Investment Decision (19 Mar 2026) and into construction of the Youanmi Gold Project.

Chief Financial Officer of Rox Resources, commenced 3 Feb 2025; also serves as sole Company Secretary (effective 11 Apr 2025), succeeding Chris Hunt, who resigned as CFO 11 Dec 2024.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
4/10

Hawke's Point (RRL) L.P., part of Hawke's Point, a London-based mining-sector-dedicated investment group (part of Tetragon's TFG Asset Management platform, whose own portfolio also includes Rox itself among other named mining companies), holds a real 9.65% stake -- the more credible specialist signal on this register. L1 Capital Pty Ltd separately holds 19.08%, a larger position but from a diversified Australian equities manager with no particular resource focus. Franklin Gold and Precious Metals Fund, a real but much smaller specialist, holds a further small stake, with institutional ownership over 26% providing corroboration. A former director's clean open-market purchase from late 2024 is now stale but was the only qualifying insider activity found.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.