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Why Did Beacon Minerals’ Profit Turn to a $10.8M Loss Despite Higher Gold Production?
4:32am on Saturday 30th of August, 2025 AEST
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Why Did Beacon Minerals’ Profit Turn to a $10.8M Loss Despite Higher Gold Production?
4:32am on Saturday 30th of August, 2025 AEST
Key Points
Comprehensive loss of $10.81 million in FY2025, down 217% from prior year profit
Gold production up 11% to 25,639 ounces, but gold sales down 20%
Cost of goods sold surged 64%, driven by MacPhersons operational challenges
Significant increase in gold bullion holdings at Perth Mint, up 477%
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Beacon Minerals (ASX:BCN)
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