Latest Beacon Minerals (ASX:BCN) News

Beacon Minerals Limited has reported a robust half-year performance with gold sales more than doubling to AU$82.6 million and a comprehensive profit of AU$14.8 million, driven by strong production growth and higher gold prices.

Beacon Minerals has kicked off its first-ever drilling campaign at the Lady Ida - Lizard Project, aiming to define a maiden resource in the coming quarter. The program targets promising mineralisation with potential for significant extensions.

Beacon Minerals has agreed to sell its MacPhersons Reward Project to Forrestania Resources for $5 million in cash and 36 million shares, sharpening its focus on core assets near Coolgardie.

Beacon Minerals has finalised the sale of its six Timor Leste concessions to Tivan Ltd, securing cash and equity to bolster its Australian gold operations and growth plans.

Beacon Minerals delivered a strong December quarter with increased gold production and improved recovery rates, while progressing key mining and exploration activities at the Lady Ida Gold Project.

Beacon Minerals has successfully completed the first blast at its Lady Ida Iguana open pit, marking a pivotal step towards gold production expected to commence in February 2026.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Beacon Minerals reported a solid December quarter with 7,310 ounces of gold produced and a 23% rise in realised gold prices, driving revenue to $53.47 million. The company is transitioning mining operations while maintaining strong recovery rates and shareholder returns.

Beacon Minerals has reported robust assay results from 104 reverse circulation drill holes at its Iguana Deposit, confirming strong high-grade gold mineralisation at depth and reinforcing confidence in its geological model.

Beacon Minerals has agreed to sell its Mt Dimer tenements to Forrestania Resources for A$50,000, marking a strategic move to focus on core assets and reduce costs.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.

Beacon Minerals Limited reports a substantial 276% increase in gold resources alongside strategic exploration and development plans, setting the stage for extended mine life and shareholder returns.