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Genesis Minerals Advances Tower Hill and Eyes Magnetic Acquisition Amid Strong Q3 Cash Surge

8:28am on Thursday 16th of April, 2026 AEST Mining
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Genesis Minerals Advances Tower Hill and Eyes Magnetic Acquisition Amid Strong Q3 Cash Surge

8:28am on Thursday 16th of April, 2026 AEST
Key Points
  • March quarter gold output of 67,497oz at AISC of A$2,685/oz
  • Cash and equivalents jump A$196m to nearly A$600m
  • Tower Hill mill construction underway with GR Engineering
  • Magnetic Resources acquisition valued at A$639m expected to complete June
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