InvestSMART

Focus Minerals Limited (ASX:FML)

ALERT: Price-sensitive ASX Announcement for FML
Current share price for FML : $1.750 -0.75 (-30%)+
Announcement
Release
30 Apr 2026 8:15AM
Price at Release
$2.500
Full Release
download
Summary
Focus Minerals Limited's March 2026 Quarterly Activities and Cashflow Report outlines key production and financial activities for the Coolgardie Gold Project. During the quarter, the Three Mile Hill processing plant achieved stability with 354,879 tonnes of ore processed and a high metallurgical recovery rate. Open pit mining at Alicia and Dreadnought yielded 7,709 ounces of gold, while Bonnie Vale Underground Mine produced 10,256 ounces. The company sold 18,191 ounces of gold generating substantial revenue. Exploration and resource development continued with drilling activities at multiple sites. Financially, the company reported a positive cash flow from operations, with cash at quarter-end at $150.2 million. No financing activities were recorded during the quarter.
Key Points
  • Coolgardie Gold Operations achieved stable milling with high recovery.
  • Open pit mining at Alicia and Dreadnought produced 7,709 ounces of gold.
  • Bonnie Vale Underground Mine contributed 10,256 ounces of gold.
  • Total gold sales reached 18,191 ounces, with significant revenue generated.
  • Exploration drilling at Bonnie Vale, Bonnie Vale West, Patricia Jean, and Green Light.
  • Net cash from operations was positive, ending quarter with $150.2 million in cash.
  • No financing activities reported during the quarter.
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.