The high reactivity of the acetylene group enables the formation of strong chemical bonds with active sites on mineral surfaces, thereby improving the flotation performance of gold minerals. This study utilized density functional theory (DFT) to analyze the quantum chemical parameters of structure, Mulliken population, and the frontier orbitals of a thioester collector containing an acetylene group, PDEC (prop-2-yn-1-yl diethylcarbamodithioate). PDEC was compared with analogous thioester collectors Z-200 and Al-DECDT. The interaction mechanism of PDEC on the Au(1 1 1) surface was simulated, followed by empirical validation through adsorption experiments. The findings indicate that the S atom of PDEC in the carbon–sulfur group exhibits shorter covalent bond lengths, and has reduced carbon–sulfur double bonds and Mulliken population, resulting in enhanced electron localization. This confers greater selectivity to PDEC during its adsorption on mineral surfaces. Frontier orbital analysis shows that the electrons of the acetylene group possess a notable electron-accepting capacity, significantly influencing the frontier orbital energy of PDEC and playing a pivotal role in the bonding interaction with mineral surfaces. Both the S atom in the carbon–sulfur group and its acetylene group establish stable adsorption structures with the A(111) surface in a single coordination mode. The adsorption energy sequence is PDEC > Al-DECDT > Z-200. Partial density of states demonstrates that the S 3p orbit of the carbon–sulfur group hybridizes with the Au 5d orbit, while the C 2p orbit of the acetylene group engages in weaker back-donation bonding with the Au 5d orbit. This is corroborated by the electron density difference and post-adsorption Mulliken population analyses, revealing that the S atom of the carbon–sulfur group in PDEC donates electrons to the Au atom, forming dominant positive coordination bonds, whereas the acetylene group accepts partial electrons from the Au atom, resulting in weaker back-donation bonds. The adsorption experiments align with the DFT adsorption energy results.