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Medallion prepares Cosmic Boy for first gold with $175 million liquidity

9:05am on Thursday 29th of October, 2026 AEDT • Mining
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Medallion prepares Cosmic Boy for first gold with $175 million liquidity

9:05am on Thursday 29th of October, 2026 AEDT
Key Points
  • Final approvals secured and Kundip mine development commenced
  • Cosmic Boy refurbishment approximately 30% complete
  • Gold processing under the Early Production Strategy targeted for October 2026
  • $60 million placement lifted available liquidity to approximately $175 million
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