Focus Minerals Ltd (AU:FML) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Focus Minerals Ltd reports a productive June quarter for their Coolgardie Gold Operations, with 6,841 ounces of gold poured and 6,642 ounces sold at an average price of A$3,542 per ounce. Despite a pit wall slip at the Greenfields open pit causing a delay, the construction of a new access ramp is underway with expected completion by mid-August. The company has also selected a preferred contractor for the upcoming Bonnie Vale Underground Mine, indicating ongoing expansion and development.
For further insights into AU:FML stock, check out TipRanks’ Stock Analysis page.