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Auric Mining Charts Path to Standalone Gold Producer with $145M Burbanks-Munda Project
8:22am on Monday 27th of July, 2026 AEST
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Mining
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Auric Mining Charts Path to Standalone Gold Producer with $145M Burbanks-Munda Project
8:22am on Monday 27th of July, 2026 AEST
Key Points
600,000tpa Burbanks plant upgrade with $94.3M EPCM cost
Munda open pit mining 2.77Mt at 1.75g/t Au for 155,000 ounces
Peak funding requirement $145M with 2.3-year payback
All-in sustaining cost $2,843/oz and EBITDA $437M at A$5,750/oz gold
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