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Beacon Minerals Boosts Gold Output 31%, Sets Sights on 8,000 Oz Next Quarter
11:44am on Friday 31st of January, 2025 AEDT
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Mining
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Beacon Minerals Boosts Gold Output 31%, Sets Sights on 8,000 Oz Next Quarter
11:44am on Friday 31st of January, 2025 AEDT
Key Points
Gold production increased 31% to 6,861 ounces, exceeding guidance
Mill throughput rose 30% to 208,673 dry tonnes with 87.4% recovery
Quarterly gold sales reached 6,551 ounces at A$4,060/oz, generating $26.6 million revenue
Completed $10.3 million fully underwritten entitlement issue
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