Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.90
(0.03%)
Copper
4.39
(0.03%)
Oil
72.24
2.48%
Bitcoin
67,550.95
0.29%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.04%)
Hang Seng
20,498.95
0.32%
Genesis Minerals (ASX: $GMD) advances growth strategy with strong Q1 results
- Author: Stock Piper
Genesis Minerals reports robust quarterly performance
Genesis Minerals (ASX:GMD) has announced a strong performance for the September quarter. The company reported gold production of 36,020 ounces at an all-in sustaining cost of A$2,628 per ounce. The Laverton mill was restarted ahead of schedule, with the first gold pour expected in November. Genesis has upgraded its FY25 production guidance, aligning with its accelerated growth strategy.
Genesis Minerals' strategic outlook and future goals
Genesis Minerals (ASX:GMD) has reported a successful September quarter, hitting key production targets and furthering its growth plans. With a production of 36,020 ounces of gold, the company's operational efficiency was demonstrated through an AISC of A$2,628 per ounce. The strategic restart of the Laverton mill, ahead of schedule, is set to boost FY25 production guidance to 190,000 - 210,000 ounces with a reduced AISC. This move aligns with Genesis' 'ASPIRE 400' strategy, aiming for an annual production target of 325,000 ounces. The company remains financially robust with no bank debt and a total of A$177.6 million in cash, bullion, and investments. Genesis is poised to become a leading gold producer, committed to sustainable growth and operational excellence.
Executive insights on Genesis Minerals' quarterly achievements
We are pleased to report a strong quarter with gold production meeting expectations and significant progress in our growth strategy. The early restart of the Laverton mill is a key milestone, and we are on track to achieve our updated production guidance for FY25. Our ASPIRE 400 strategy continues to drive our efforts to become a leading gold producer, focused on increasing production and reducing costs.
GENESIS MINERALS LIMITED
GMD | ASX | Materials
2.490(+0%)
At close 21/10 (AEDT)
Market cap
$2.8B
Volume
667,615
DY Yield
PE Ratio
35.57143
52 Week Range
1.405 - 2.51
1YR Return
N / A
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