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Genesis Minerals Surges with Record Gold Output and $238m Cash Pile
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Genesis Minerals Surges with Record Gold Output and $238m Cash Pile
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Record quarterly gold production of 57,055oz at AISC of A$2,202/oz
Laverton mill restarted six months ahead of schedule, boosting processing capacity
Cash and equivalents increased 34% to A$238 million with no debt
FY25 production guidance upgraded to 190-210,000oz at AISC of A$2,200-2,400/oz
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