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The latest announcement is out from Catalyst Metals Limited ( (AU:CYL) ).
Catalyst Metals has announced that experienced mining executive Mark Connelly will succeed David Jones as independent non-executive director and chair of the board from 2 March 2026, following a February transition period and unanimous board endorsement. The board change is positioned as the next step in the company’s evolution from a smaller East Coast-focused gold player to a mid-cap Western Australian gold producer in the ASX 200, with Connelly expected to leverage his strong track record in gold sector transactions and leadership to support Catalyst’s next phase of growth, operational optimisation and strategic expansion, potentially enhancing long-term value for shareholders and reinforcing the company’s competitive standing in the Australian gold industry.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$12.51 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
More about Catalyst Metals Limited
Catalyst Metals Limited is an Australian gold producer focused on the 40km-long Plutonic Gold Belt in Western Australia, where it operates three mines—Plutonic Main, Plutonic East and Trident Open Pit—producing about 100,000 ounces of gold per year at an all-in sustaining cost of around A$2,300 per ounce. The company is bringing three additional mines—Trident Underground, K2 and Old Highway—into production, all feeding an underutilised 2Mtpa CIL processing plant, and is targeting increased reserves and annual production to roughly 2Moz and 200,000 ounces respectively, with an aspirational 10-year mine life for Plutonic. Catalyst also owns a processing plant and more than 75km of strike north of the historic Bendigo goldfield, where it has defined a high-grade greenfield resource and continues exploration.
Average Trading Volume: 1,139,418
Technical Sentiment Signal: Buy
Current Market Cap: A$2.25B
See more data about CYL stock on TipRanks’ Stock Analysis page.