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Genesis Minerals Reports Higher Gold Production, Sales in June Quarter

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Genesis Minerals (ASX:GMD) reported record gold production of 70,766 ounces and gold sales of 77,797 ounces for the June quarter, according to a Tuesday Australian bourse filing.

The gold was produced at an all-in sustaining cost (AISC) of AU$2,797 per ounce, and sold at an average price of AU$6,175 per ounce to generate revenue of AU$480.4 million during the quarter.

The company produced 61,469 ounces of gold at an AISC of AU$2,499 per ounce, and sold 62,226 ounces of gold at an average price of AU$5,046 per ounce for the June 2025 quarter, an earlier filing showed.

The company expects fiscal year 2027 gold production of 270,000 to 300,000 ounces at an AISC of AU$2,750 to AU$3,050 per ounce, while forecasting growth capital expenditure of AU$380 million to AU$420 million.

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