Beacon Minerals Boosts Cash, Margins as Lady Ida Development Gathers Pace

The latest announcement is out from Beacon Minerals ( (AU:BCN) ).

Beacon Minerals reported December quarter gold production of 7,310 ounces at an all-in sustaining cost of A$3,832 per ounce, supported by mill throughput of 207,283 dry tonnes and substantial run-of-mine stockpiles containing an estimated 14,000 ounces. Quarterly gold sales reached 8,350 ounces at an average price of A$6,403 per ounce, generating A$53.47 million in receipts and leaving the company with A$36.05 million in cash, alongside significant retained gold holdings at the Perth Mint and in transit that together underscore a robust liquidity position and ongoing gold-retention strategy. Operationally, Beacon advanced development at the Lady Ida Gold Project, with mining operations commencing at the Iguana open pit, continued exploration and resource definition drilling, and infrastructure upgrades including tank farm improvements and relocation of mining equipment from MacPhersons, all contributing to improved recoveries of up to more than 93% on laterite material and reinforcing the company’s production outlook and margins heading into 2026.

The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.

More about Beacon Minerals

Beacon Minerals Limited is an Australian gold producer listed on the ASX, focused on the development and operation of gold projects in Western Australia, including the Lady Ida Gold Project and associated deposits such as Iguana and Hodari. The company’s activities span open-pit mining, milling and processing, and ongoing exploration and resource definition drilling to support continued production and reserve growth in the region.

Average Trading Volume: 85,962

Technical Sentiment Signal: Buy

Current Market Cap: A$452.4M

For detailed information about BCN stock, go to TipRanks’ Stock Analysis page.