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How Genesis Minerals Achieved Record Gold Output and Accelerated Tower Hill Development

9:30am on Thursday 29th of January, 2026 AEDT Mining
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How Genesis Minerals Achieved Record Gold Output and Accelerated Tower Hill Development

9:30am on Thursday 29th of January, 2026 AEDT
Key Points
  • Record quarterly gold production of 74,261oz at A$2,635/oz AISC
  • Underlying cash build of A$216 million, ending quarter with A$404 million cash and no bank debt
  • Leonora underground mining contract awarded to Byrnecut with mobilisation planned for May 2026
  • Tower Hill project development accelerated with growth capital guidance increased to A$220-240 million
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