Auric Mining Sees Golden Returns in 2024 Campaign
Company Announcements

Auric Mining Sees Golden Returns in 2024 Campaign

Auric Mining Ltd. (AU:AWJ) has released an update.

Auric Mining Ltd. successfully completed its second toll milling campaign for 2024 at the Jeffreys Find Gold Mine, producing 6,295 ounces of gold and generating $23.5 million in sales at an impressive average price of AUD$3,731 per ounce. The company boasts a total annual production exceeding 7,500 ounces, with an additional milling campaign slated for the year’s end. Despite a lower than expected ore yield, the high gold prices and a 93.2% recovery rate contributed to a robust financial performance for Auric.

For further insights into AU:AWJ stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App