Australia's Beacon Minerals hits 8-month high on upbeat gold sales from WA project

Beacon Minerals

15/01/2025 02:29

** Beacon Minerals  BCN.AX  soars 13% to A$0.026, highest
since Sept. 13, 2024
    ** Stock up as much as 17.4% earlier in the day in biggest
intraday jump since March 27, 2023
    ** Miner posts gold sales of A$26.6 mln ($16.5 mln) for the
December quarter from its Jaurdi gold project in Western
Australia, up from A$16.17 mln in September quarter
    ** Produces 6,861 ounces of gold in December quarter, higher
than 5,230 ounces in September quarter
    ** More than 25 mln shares traded in stock's busiest session
since Nov. 30, 2021
    ** Stock lost 12% in 2024

($1 = A$1.6173)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))