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Beacon Minerals Boosts Gold Output, Advances Iguana Drilling, and Launches Share Buy-Back
10:06am on Thursday 31st of July, 2025 AEST
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Mining
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Beacon Minerals Boosts Gold Output, Advances Iguana Drilling, and Launches Share Buy-Back
10:06am on Thursday 31st of July, 2025 AEST
Key Points
Gold production rose 20% to 7,365 ounces with stable cash costs of A$2,824/oz
Completed largest-ever grade control drilling at Iguana, confirming high-grade mineralisation
Executed option agreement to acquire Wealth of Nations tenements near Jaurdi plant
Completed 40, 1 share consolidation and announced on-market buy-back of up to 9.39 million shares
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