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Beacon Minerals Limited (ASX:BCN)

ALERT: Price-sensitive ASX Announcement for BCN
Current share price for BCN : $2.490 -0.26 (-9.45%)+
Announcement
Release
17 Jul 2026 8:42AM
Price at Release
$2.750
Full Release
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Summary
Beacon Minerals Limited reported their June 2026 quarter production results for the Jaurdi Gold Project. The company produced 5,241 ounces of gold during the quarter, with a total of 235,602 dry tonnes milled. Despite above-average rainfall in June impacting ore haulage, the production was supported by the milling of Iguana ore. Gold sales amounted to 4,701 ounces at an average price of $6,371 per ounce, bringing in $29.95 million in sales. Beacon also announced a fully franked cash dividend of $0.10 per share and a special dividend distribution of shares in Forrestania Resources Limited. The company maintained strong operational reliability, aided by a long-term fuel supply agreement and additional fuel tank capacity installations in support of increased mining and processing activities.
Key Points
  • 5,241 ounces of gold produced in June 2026 quarter.
  • Gold sales of 4,701 ounces at an average price of $6,371/oz.
  • Total gold sales of $29.95 million.
  • Rainfall impacted ore haulage but production continued.
  • Fully franked cash dividend of $0.10 per share declared.
  • Special dividend in the form of Forrestania Resources Limited shares.
  • Operational reliability supported by long-term fuel agreements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.