Beacon Delivers March Quarter Gold Production with Strong Pricing and Operational Transition Progress
Beacon Minerals Limited (ASX: BCN) has reported its March 2026 quarter production update from the Jaurdi Gold Project, delivering 5,419 ounces of gold alongside steady operational performance during a period of transition. The Company processed 221,155 tonnes at a recovery rate of 86.5%, with production impacted by lower-grade stockpile material as operations transitioned toward the Iguana and Lady Ida deposits. Gold sales totalled 3,600 ounces at an average realized price of AU$7,045 per ounce, generating AU$25.36 million in revenue, supported by favourable gold pricing. Operational milestones included the completion of mining at MacPhersons, successful relocation to Lady Ida, and first ore from Iguana processed during the quarter, with initial bullion poured in early April. Beacon also strengthened its financial position through asset sales and option exercises, while maintaining production guidance of 5,000 to 6,000 ounces for the June quarter, supporting continued operational momentum.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Beacon Delivers March Quarter Gold Production with Strong Pricing and Operational Transition Progress
Beacon Minerals Limited (ASX: BCN) has reported its March 2026 quarter production update from the Jaurdi Gold Project, delivering 5,419 ounces of gold alongside steady operational performance during a period of transition. The Company processed 221,155 tonnes at a recovery rate of 86.5%, with production impacted by lower-grade stockpile material as operations transitioned toward the Iguana and Lady Ida deposits. Gold sales totalled 3,600 ounces at an average realized price of AU$7,045 per ounce, generating AU$25.36 million in revenue, supported by favourable gold pricing. Operational milestones included the completion of mining at MacPhersons, successful relocation to Lady Ida, and first ore from Iguana processed during the quarter, with initial bullion poured in early April. Beacon also strengthened its financial position through asset sales and option exercises, while maintaining production guidance of 5,000 to 6,000 ounces for the June quarter, supporting continued operational momentum.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au