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Genesis Minerals Advances Laverton Growth with Magnetic Deal and Strong Drilling
9:34am on Friday 26th of June, 2026 AEST
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Mining
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Genesis Minerals Advances Laverton Growth with Magnetic Deal and Strong Drilling
9:34am on Friday 26th of June, 2026 AEST
Key Points
FY26 exploration budget delivers thick, high-grade gold intersections
Magnetic Resources acquisition adds 2.2Moz and new open pit opportunities
Processing plant expansion to 4.5-5Mtpa targeted ahead of September update
FY27 exploration budget increased to A$80-90 million
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