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Beacon Minerals ( (AU:BCN) ) has shared an update.
Beacon Minerals Limited reported the production of 7,365 ounces of gold in the June 2025 quarter at its Jaurdi Gold Project, with gold sales amounting to 3,900 ounces at an average price of $5,163 per ounce, generating $20.1 million in sales receipts. The company continues to focus on building and retaining gold in its metal account at the Perth Mint, with cash retained for growth and working capital, highlighting the strategic importance of gold as a high-quality, liquid asset. Despite some operational challenges, such as mechanical issues with the cone crusher, the company maintained production within guidance and provided a forecast for the September quarter, indicating stable operations and a focus on maintaining ore stocks.
More about Beacon Minerals
Beacon Minerals Limited is a company operating in the gold mining industry, primarily focused on gold production and sales. The company owns the Jaurdi Gold Project, where it engages in mining and milling operations to produce gold, which is then sold or retained in metal accounts for growth and working capital purposes.
Average Trading Volume: 107,836
Technical Sentiment Signal: Buy
Current Market Cap: A$110.9M
For an in-depth examination of BCN stock, go to TipRanks’ Overview page.