First gold bullion sold from Jaurdi Gold Project - Sequoia Direct Pty Ltd

20SepSeptember 20, 2019

First gold bullion sold from Jaurdi Gold Project

Gold producer, Beacon Minerals (ASX:BCN) has sold its first gold bullion from the Jaurdi Gold Project.

Approximately 257 ounces was recovered from the initial gold bullion which has been sold at a price of $2,190 an ounce.

The second bar has been produced and dispatched for refining at the Perth Mint.

Managing Director, Graham McGarry, says the company is extremely excited given the record Australian gold price.

Exploration drilling is set to commence on 27 September 2019 with commercial production expected to commence on 1 October 2019.

Shares in Beacon Minerals (ASX:BCN) are trading 7.1 per cent higher at 4 cents.

Copyright 2019 – Finance News Network

Source: Finance News Network

Related Posts

16AprApril 16, 2020

Mayne Pharma (ASX:MYX) submits oral contraceptive FDA approval application

16 Apr 2020 - Mayne Pharma (ASX:MYX) has submitted a new drug application to the US Food and Drug Administration (FDA) its E4/DRSP oral contraceptive.

21OctOctober 21, 2019

Lynas (ASX:LYC) fourth quarter results hit by US-China trade war

21 Oct 2019 - Rare earth’s miner Lynas (ASX:LYC) says continuing US-China trade tensions, while leading to greater interest in Rare Earths, continue to have a negative short term effect on market confidence, particularly in China.

09JanJanuary 9, 2020

Bardoc Gold (ASX:BDC) sees more pleasing results from the Bardoc Gold Project

09 Jan 2020 - Bardoc Gold (ASX:BDC) reports another outstanding drilling results from the El Dorado Deposit within its 100 per cent-owned Bardoc Gold Project.

11AugAugust 11, 2021

Stocks of the Hour: REA Group, ResMed & News Corp

06 Aug 2021 - A snapshot of some of the news that broke today, featuring REA Group (ASX:REA), ResMed (ASX:RMD) & News Corp (ASX:NWS).

25SepSeptember 25, 2020

Opthea (ASX:OPT) plans Nasdaq listing

25 Sep 2020 - Biopharmaceutical company Opthea (ASX:OPT) has revealed plans to list American depositary receipts on the Nasdaq index.

06JanJanuary 6, 2021

Nick Scali (ASX:NCK) first half profit boost expected

05 Dec 2021 - Nick Scali (ASX:NCK) report unaudited net profit after tax for the six months to 31 December 2020 is expected to be $40.5 million, up approximately 100 per cent on the underlying profit for the prior corresponding period.

30OctOctober 30, 2023

Stocks of the Hour: Tamboran Resources, TG Metals, Tietto Minerals

30 Oct 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), TG Metals (ASX:TG6) and Tietto Minerals (ASX:TIE).

11MayMay 11, 2020

Z Energy (ASX:ZEL) reports $88 million loss

11 May 2020 - Z Energy (ASX:ZEL) reported a net loss after tax of $88 million New Zealand dollars for the year ending 31 March 2020.

20AprApril 20, 2020

Megaport (ASX:MP1) see a 10 per cent rise in quarter revenue

20 Apr 2020 - Megaport (ASX:MP1) has reported revenue in the March quarter of $15.2 million, up 10 per cent on the previous 3 months.

26MayMay 26, 2020

APN Convenience REIT (ASX:APN) spends $10.2m on Coles Express

26 May 2020 - APN Convenience REIT (ASX:APN) has acquired two Coles Express service stations, with the $10.2 million of acquisitions lifting its portfolio value to $425 million.