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Focus Minerals Ltd: Robust Gold Production Despite Delays

Focus Minerals Ltd: Robust Gold Production Despite Delays

Focus Minerals Ltd (AU:FML) has released an update.

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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.

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