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The latest update is out from Focus Minerals Ltd ( (AU:FML) ).
Focus Minerals Ltd reported steady operational performance at its Coolgardie Gold Operations in the March 2026 quarter, with stable open pit and underground mining and strong throughput from the Three Mile Hill processing plant. The company processed 354,879 tonnes of ore, sold 18,191 ounces of gold at robust realised prices, and maintained high metallurgical recoveries, underscoring the reliability of its mining and processing strategy.
Production from the Bonnie Vale Underground Mine increased as more stoping fronts were opened, while surface mining at Alicia, Dreadnought and CNX continued to supply additional ore. Toll milling contributed to a high mill utilisation rate of just over 92%, and active resource development and grade control drilling at Bonnie Vale and surrounding pits aimed to support life-of-mine extensions and sustain future production levels.
More about Focus Minerals Ltd
Focus Minerals Ltd operates the Coolgardie Gold Project in Western Australia’s Goldfields region, where it runs open pit and underground gold mining alongside its Three Mile Hill processing plant. The company focuses on optimising gold production from its own ore while leveraging toll treatment to maximise plant utilisation and revenue from third-party ore.
Average Trading Volume: 568,359
Technical Sentiment Signal: Buy
Current Market Cap: A$747.9M
See more insights into FML stock on TipRanks’ Stock Analysis page.