Financial Wire

Beacon Minerals Posts Lower Gold Output at Western Australia Project in March Quarter

-- Beacon Minerals (ASX:BCN) said it produced 5,419 ounces of gold in the March quarter at its Jaurdi Gold Project in Western Australia, according to a Thursday Australian bourse filing.

The production was down from 6,183 ounces in the same period a year earlier, an earlier filing showed.

The company said gold sales for the quarter totaled 3,600 ounces at an average price of AU$7,045 per ounce for receipts of AU$25.4 million.

Gold sales were 6,515 ounces at AU$4,520 per ounce for receipts of AU$29.5 million in the March 2025 quarter, the earlier filing showed.

Beacon Minerals said opportunistic gold sales of 1,050 ounces were made in early March at an average weighted price of AU$7,555 per ounce, contributing to the quarter's average sale price of AU$7,045 per ounce.

Beacon Minerals' shares slipped almost 1% in recent Thursday trade.

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