Asia
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.
ASX:BCN