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How Rox Resources Is Turning Youanmi Gold Project Into a $1.3B Opportunity

8:34am on Friday 23rd of January, 2026 AEDT Mining
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How Rox Resources Is Turning Youanmi Gold Project Into a $1.3B Opportunity

8:34am on Friday 23rd of January, 2026 AEDT
Key Points
  • Youanmi Gold Project DFS confirms 7-year mine life with peak annual production of 176,000 ounces
  • Equity funding of $218 million completed via institutional placement and upsized Share Purchase Plan
  • Underground mining underway at United North with 24-hour operations and dewatering progressing
  • Gold put options purchased to hedge 50% of FY2028 production at A$5,700/oz strike price
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