ASX
206 days, 18 hours ago 
AWJ
Auric Mining Limited
Jeffreys Find Sales in 2024 Exceeds 10,000 Ounces
Auric Mining reports strong gold sales for 2024, exceeding 2023 totals, with ongoing mining campaigns at multiple sites.
Better than expected
 

ASX
209 days, 18 hours ago 
AWJ
Auric Mining Limited
Significant Ngadju Native Title Agreement Executed
Auric Mining and the Ngadju Native Title Aboriginal Corporation have finalized a significant agreement covering all of Auric's tenements on Ngadju land, ensuring long-term exploration and development clarity.

ASX
212 days, 18 hours ago 
AWJ
Auric Mining Limited
Conditional Purchase of Burbanks Gold Plant Coolgardie
Auric Mining has conditionally agreed to acquire the Burbanks Gold Processing Facility for A$4.4 million, aiming to become a fully integrated gold producer.
Better than expected
 

ASX
216 days, 18 hours ago 
AWJ
Auric Mining Limited
Jeffreys Find Gold Mine Generates $5.2M from 1,243oz
Auric Mining Limited reports further gold sales of $5.2 million from its Jeffreys Find Gold Mine, with 1,243 ounces sold and a peak price of AUD$4,233 per ounce, signaling a strong return on investment.

ASX
217 days, 11 hours ago 
AWJ
Auric Mining Limited
Cleansing Statement
Auric Mining Limited (ASX: AWJ) issued 300,000 fully paid ordinary shares on December 12, 2024, under section 708A(5)(e) of the Corporations Act 2001.

ASX
217 days, 11 hours ago 
AWJ
Auric Mining Limited
Starter Pit Ore Reserve for Munda Gold Deposit-Clarification
Auric Mining Limited (ASX: AWJ) has clarified its December 10th announcement regarding the Munda Gold Deposit Starter Pit Ore Reserve, revising the announcement at the request of the ASX.
Capital raise
 

ASX
217 days, 11 hours ago 
AWJ
Auric Mining Limited
Application for quotation of securities - AWJ
Auric Mining Limited announced the issuance of 300,000 new ordinary shares following the exercise of unquoted options at an exercise price of $0.15 per share.

ASX
217 days, 11 hours ago 
AWJ
Auric Mining Limited
Updated Resources for Munda Gold Deposit - Clarification
Auric Mining Limited (ASX: AWJ) announced an updated gold resource estimate for the Munda gold deposit, slightly reducing estimated grade but optimizing a starter pit for near-surface gold mineralization.
Worse than expected
 

ASX
218 days, 9 hours ago 
AWJ
Auric Mining Limited
Proposed issue of securities - AWJ
Auric Mining Limited (AWJ) plans to issue 300,000 ordinary shares at AUD 0.15 per share on December 12, 2024, raising AUD 45,000.
Capital raise
 

ASX
219 days, 18 hours ago 
AWJ
Auric Mining Limited
Starter Pit Ore Reserve for Munda Gold Deposit
Auric Mining Limited defines a Starter Pit Ore Reserve at its Munda Gold Deposit, projecting 7,400 ounces of gold and a potential $5.3 million in undiscounted cash flow, marking a significant step towards full-scale production in 2026.
Worse than expected
 
Delay expected
 

ASX
219 days, 18 hours ago 
AWJ
Auric Mining Limited
Updated Resources for Munda Gold Deposit
Auric Mining Limited announces an updated estimate of gold resources for the Munda gold deposit, indicating a slight reduction in grade but setting the stage for a starter pit operation by early 2025.
Worse than expected
 

ASX
230 days, 17 hours ago 
AWJ
Auric Mining Limited
142,000 Tonne Milling Campaign Commenced at Greenfields
Auric Mining Limited (ASX: AWJ) has commenced a 142,000-tonne milling campaign at the Greenfields Mill, with first gold sales expected imminently and further cash distributions anticipated in December 2024.

ASX
234 days, 18 hours ago 
AWJ
Auric Mining Limited
Investor Presentation
Auric Mining Limited (ASX: AWJ) presented an investor presentation outlining its progress, including $27.95 million in gold sales from Jeffreys Find and plans to commence mining at its flagship Munda project in Q1 2025.

ASX
238 days, 18 hours ago 
AWJ
Auric Mining Limited
Milling Started at Three Mile Hill. Target 40,000 Tonnes.
Auric Mining (ASX: AWJ) commenced ore processing at the Three Mile Hill Plant, targeting a minimum 40,000-tonne parcel with the first gold pour expected within seven days and subsequent cash distributions to Auric in December 2024.
Delay expected
 

ASX
244 days, 18 hours ago 
AWJ
Auric Mining Limited
Encouraging RC Drill Results at Spargoville Project
Auric Mining Limited (ASX: AWJ) reported encouraging RC drilling results from its Spargoville Project, with highlights including 7m @ 4.88g/t Au at the Fugitive Prospect and the opening of a new target at Anomaly 37.
Better than expected
 

ASX
259 days, 13 hours ago 
AWJ
Auric Mining Limited
Quarterly Activities Report
Auric Mining Limited (ASX: AWJ) reported strong Q3 2024 results, including $23.48 million in revenue from the Jeffreys Find gold mine's second processing campaign and significant progress at its Munda gold project.
Better than expected
 
Delay expected
 

ASX
262 days, 18 hours ago 
AWJ
Auric Mining Limited
Additional Milling to Start in 10 Days of Jeffreys Find Ore
Auric Mining's joint venture partner, BML Ventures, has secured a toll milling agreement with Focus Minerals to process up to 120,000 tonnes of ore from the Jeffreys Find Gold Mine, boosting expected cash flow.
Better than expected
 

ASX
288 days, 17 hours ago 
AWJ
Auric Mining Limited
Total Gold Sales of $23.5M from Jeffreys Find Campaign
Auric Mining Limited (ASX: AWJ) completed its second 2024 gold milling campaign at the Jeffreys Find Gold Mine, producing 6,295 ounces of gold and generating $23.5 million in sales.

ASX
303 days, 9 hours ago 
AWJ
Auric Mining Limited
Melbourne Mining Club Presentation
Auric Mining Limited (ASX: AWJ) presented its progress at the Melbourne Mining Club, highlighting significant gold production milestones at its Jeffreys Find mine and outlining plans for its flagship Munda project.

ASX
311 days, 11 hours ago 
AWJ
Auric Mining Limited
2024 Half Year Financial Report
Auric Mining Limited (ASX: AWJ) reported a net operating profit of $411,944 for the half-year ended June 30, 2024, driven by strong gold sales and a robust balance sheet.
Better than expected
 

ASX
314 days, 17 hours ago 
AWJ
Auric Mining Limited
Spargoville Project Aircore Drilling Results
Auric Mining's Spargoville Project in Western Australia yielded promising aircore drilling results, confirming Fugitive and Anomaly 37 Prospects as prime targets for further reverse circulation (RC) drilling.
Better than expected
 

ASX
352 days, 12 hours ago 
AWJ
Auric Mining Limited
NWR Perth Presentation
Auric Mining Limited highlights its gold-focused strategy, successful mining operations at Jeffreys Find, and advancement of the Munda Gold Project towards trial mining in early 2025.

ASX
356 days, 17 hours ago 
AWJ
Auric Mining Limited
Quarterly Activities Report
Auric Mining Limited reports on its activities for the June 2024 quarter, highlighting gold production at Jeffreys Find, progress at Munda Gold Project, and promising drill results at Spargoville.

ASX
356 days, 17 hours ago 
AWJ
Auric Mining Limited
Quarterly Appendix 5B Cash Flow Report
This quarterly cash flow report details the mining exploration entity's financial activities, including receipts from gold sales, payments for operational costs, and cash flow from investing and financing activities.
Worse than expected
 
Capital raise
 

ASX
357 days, 17 hours ago 
AWJ
Auric Mining Limited
Milling of 150,000t Underway. Cash to Auric within Weeks
Auric Mining's Jeffreys Find Gold Mine commences toll milling of 150,000 tonnes, anticipating first cash distributions this quarter amid rising gold prices.
Better than expected
 

ASX
359 days, 8 hours ago 
AWJ
Auric Mining Limited
WIN: Munda Agreement with AWJ yields $1.2m (Updated)
WIN Metals to receive over $1.2 million from Auric Mining Ltd. through Munda Agreement involving divestment of nickel and lithium rights, transfer of non-core tenure, and access to in-pit water.

ASX
359 days, 16 hours ago 
AWJ
Auric Mining Limited
WIN: Munda Agree. with Auric Mining Ltd yields $1.2m for WIN
WIN Metals secures over $1.2 million through an agreement with Auric Mining Ltd, involving the divestment of nickel and lithium rights and transfer of non-core tenure.

ASX
359 days, 17 hours ago 
AWJ
Auric Mining Limited
Auric Buys Specific Mineral Rights from WIN for $1.2M
Auric Mining secures mineral rights and related assets from WIN Metals for $1.2 million, paving the way for a potential trial pit at the Munda Gold Project.

ASX
377 days, 17 hours ago 
AWJ
Auric Mining Limited
Auric Bank $3M Cash this Qtr, 150kt to be Milled 24 July 24
Auric Mining (AWJ) is set to receive $3 million in cash this quarter from its Jeffreys Find Gold Mine joint venture, driven by strong gold production and a favorable gold price.
Better than expected
 

ASX
408 days, 17 hours ago 
AWJ
Auric Mining Limited
Spargoville Drill Results Identifies New Targets
Auric Mining's RC drilling program at the Fugitive Prospect in Spargoville reveals promising gold mineralization, prompting geological reinterpretation and plans for further exploration.

ASX
414 days, 16 hours ago 
AWJ
Auric Mining Limited
$4.46 Million from First Gold from Jeffreys Find in 2024
Auric Mining's Jeffreys Find project generates $4.46 million in gross revenue from its first gold campaign of 2024, selling gold at an average price significantly higher than the previous year.
Better than expected
 

ASX
419 days, 11 hours ago 
AWJ
Auric Mining Limited
2024 Annual General Meeting Results
Auric Mining Limited's Annual General Meeting saw all resolutions passed by shareholders via a poll.

ASX
419 days, 13 hours ago 
AWJ
Auric Mining Limited
2024 Annual General Meeting Presentation
Auric Mining Limited held its Annual General Meeting on May 24, 2024, highlighting the company's transition into a gold producer and future production growth.

ASX
434 days, 17 hours ago 
AWJ
Auric Mining Limited
Eastern States Investor Presentation
Auric Mining Limited (ASX: AWJ) is set to process over 300,000 tonnes of ore in 2024 and is focused on its Jeffreys Find and Munda Gold Projects, aiming for substantial gold production and cash flow in the coming years.

ASX
436 days, 17 hours ago 
AWJ
Auric Mining Limited
Gold from First Campaign of 2024 Delivered to Perth Mint
Auric Mining's first gold campaign of 2024 saw 30,300 tonnes processed, resulting in six Dor bars delivered to the Perth Mint.

ASX
442 days, 16 hours ago 
AWJ
Auric Mining Limited
Change of Company Secretary Positions
Auric Mining Limited announces the appointment of Catherine Yeo as the sole Company Secretary, effective April 30, 2024, following the resignation of Tamara Barr.

ASX
443 days, 17 hours ago 
AWJ
Auric Mining Limited
Quarterly Activities Report
Auric Mining Limited reports on its activities during the quarter ending March 31, 2024, highlighting progress at the Jeffreys Find Gold Mine and Munda Gold Project, along with a successful options conversion.
Better than expected
 

ASX
451 days, 11 hours ago 
AWJ
Auric Mining Limited
AGM Notice of Meeting & Proxy Form
Auric Mining Limited (ASX: AWJ) has announced the details for its Annual General Meeting (AGM) to be held on May 24, 2024, in East Perth, Western Australia, inviting shareholders to attend and vote on key resolutions.
Capital raise
 

ASX
454 days, 12 hours ago 
AWJ
Auric Mining Limited
2023 Annual Report to Shareholders
Auric Mining's 2023 Annual Report highlights the company's transition to a gold producer, generating $10 million in surplus cash from Stage One mining at Jeffreys Find and advancing the Munda Gold Project towards production.
Better than expected
 

ASX
464 days, 16 hours ago 
AWJ
Auric Mining Limited
First Gold Campaign of 2024 to Commence Mid-April
Auric Mining's Jeffreys Find Gold Mine is set to process its first ore parcel of 2024 in mid-April, anticipating first cash flow for the joint venture in May.

ASX
469 days, 14 hours ago 
AWJ
Auric Mining Limited
Date of AGM & Close Date for Director Nominations
Auric Mining Limited announces the date for its upcoming Annual General Meeting (AGM) and the deadline for director nominations.

ASX
470 days, 10 hours ago 
AWJ
Auric Mining Limited
Auric to Receive $2,624,067. 17,493,780 Options Exercised.
Auric Mining Limited announces the exercise of 99% of its options, resulting in $2,624,067 in total funds to be received.

ASX
470 days, 17 hours ago 
AWJ
Auric Mining Limited
Munda Grade Control Completed. Mine Planning Progresses.
Auric Mining completes grade control drilling at the Munda Gold Project, advances mine planning, and receives contractor quotes for mining, drilling, and blasting, setting the stage for a revised starter pit design and potential mining in late 2024 or early 2025.

ASX
477 days, 11 hours ago 
AWJ
Auric Mining Limited
Underwriter Agreement for Option Shortfall up to $675,000
Auric Mining Limited secures an underwriting agreement with K S Capital for up to $675,000 to cover the shortfall in its options expiring on March 31, 2024.

ASX
485 days, 18 hours ago 
AWJ
Auric Mining Limited
Update on 31 March 2024 Options
TODO: excerpt

AWJ 
Auric Mining Limited 
ASX

Final Milling 60,000 Tonnes of Jeffreys Find Ore Commenced

Sentiment:
 Operational Update
 8 July 2025 6:28 PM

Auric Mining Limited has commenced the final processing campaign for its Jeffreys Find gold ore, targeting 2,750 ounces and anticipating a significant final cash distribution that will push total project proceeds past $17 million.

Better than expected
  The project is expected to yield a 'bumper final payday' with Auric anticipating around $4.0 million from this campaign.  Auric expects to bank more than $17 million in total from its profit share, described as a 'game changer' for the company.  The target of 2,750 ounces from the final campaign is considered an 'impressive result'. 

Summary
  • Auric Mining Limited has commenced processing the last parcel of Jeffreys Find ore at the Three Mile Hill Mill.
  • This final milling campaign targets the sale of 2,750 ounces of gold.
  • Auric has invoiced BML Ventures $3.6 million as a further interim cash surplus distribution, expected to be paid in July and August.
  • The processing of approximately 60,000 tonnes of ore is expected to be completed in about three weeks.
  • Total ounces mined and sold from Jeffreys Find are projected to exceed 30,000 ounces.
  • Auric expects to receive between $4.0 million to $4.5 million as its final share of surplus cash from this campaign.
  • The total surplus cash generated from the project is estimated to be between $7.5 million and $9.0 million.
  • In total, Auric anticipates banking more than $17 million from its profit share of the Jeffreys Find mining joint venture.
  • These additional funds will primarily be used to support operations already underway at the Munda Gold Mine.
Sentiment

Score: 9

Explanation: The document conveys a highly positive sentiment, highlighting significant financial success, a 'game changer' project, and strong future funding for new operations, indicating excellent performance and outlook.

Positives
  • The commencement of the final processing campaign signifies the nearing completion of a successful project phase.
  • The target of 2,750 ounces from this campaign is considered an impressive result.
  • The project is expected to deliver a 'bumper final payday' for Auric, with most mining costs already paid.
  • Auric anticipates receiving around $4.0 million to $4.5 million as its share of surplus cash from this final campaign.
  • The total profit share of more than $17 million from Jeffreys Find is described as a 'game changer' for Auric.
  • The significant cash inflow enables Auric to transition to becoming a gold producer in its own right.
  • The additional funds will be used to support operations and development costs at the Munda Gold Mine.
Future Outlook

Auric Mining plans to utilize the significant cash proceeds from the Jeffreys Find Project to fund mining and other development costs at its Munda Gold Mine, supporting its transition to becoming an independent gold producer.

Management Comments
  • Managing Director, Mark English, stated that they expect processing of the last ore from Jeffreys Find Project to be completed at the Three Mile Hill Mill in around three weeks time.
  • Mr. English commented that the target of 2,750 ounces would be an impressive result, seeing total ounces mined and sold from Jeffreys Find exceeding 30,000 ounces.
  • He also noted that this will be a 'bumper final payday' from the Project, particularly as most mining costs have already been paid.
  • Mr. English expects Auric will receive around $4.0 million as their share of surplus cash from this campaign.
  • He emphasized that banking more than $17 million in total from Jeffreys Find has been a 'game changer' for Auric as they transition to becoming a gold producer.
  • Mr. English confirmed that these additional funds will principally be used to support the operations already underway at Munda.
Industry Context

This announcement highlights a successful joint venture model in the gold mining sector, where Auric Mining, as a project partner, is realizing substantial cash flow from a toll milling operation. The focus on transitioning to an independent gold producer and funding future projects like Munda aligns with broader industry trends of companies leveraging successful initial projects to self-fund growth and expand their operational footprint.

Stakeholder Impact
  • Shareholders are positively impacted by the substantial cash distributions and the company's strengthened financial position, which supports future growth and value creation.
  • Employees benefit from the continued operations and development at Munda, ensuring job security and potential expansion.
  • Creditors may view Auric Mining as a more financially stable entity due to the significant cash inflows.
Next Steps
  • Completion of processing the final 60,000 tonnes of ore at Three Mile Hill Mill in approximately three weeks.
  • Sale of the targeted 2,750 ounces of gold from the final milling campaign.
  • Receipt of the $3.6 million interim cash surplus distribution from BML Ventures in July and August.
  • Completion of final accounting and cash distribution for the Jeffreys Find Project by October 2025.
  • Utilization of additional funds to support mining and development costs at the Munda Gold Mine.
Key Dates
  • 30 June 2025: More than 52,000 tonnes of Jeffreys Find ore was already at the Three Mile Hill Mill.
  • 9 July 2025: Processing commenced at Three Mile Hill Mill for the last parcel of Jeffreys Find ore, and the announcement was made.
  • July 2025: The first part of the $3.6 million interim cash surplus distribution from BML Ventures to Auric is expected to be paid.
  • August 2025: The second part of the $3.6 million interim cash surplus distribution from BML Ventures to Auric is expected to be paid.
  • October 2025: Final accounting and cash distribution from the Jeffreys Find Project are expected to be completed.
Keywords
Gold mining, Jeffreys Find Project, Auric Mining, Gold production, Toll milling, Cash distribution, Munda Gold Mine, Gold ounces, Mining joint venture

AWJ 
Auric Mining Limited 
ASX
Sector: Materials
 
Filings with Classifications
Better than expected
15 July 2025 9:38 PM

Investor Presentation
  • The Jeffreys Find Gold Mine has significantly exceeded expectations by generating over $120 million in gold sales with a low acquisition and development cost of approximately $1.5 million.
  • The estimated final cash distribution to Auric from Jeffreys Find of $11.5 million to $12.5 million is a strong financial outcome.
  • The company's proforma financial estimates for FY2025 show substantial growth in total revenue to $24 million and net profit before tax to $13 million, indicating a very positive outlook.
Better than expected
8 July 2025 6:28 PM

Operational Update
  • The project is expected to yield a 'bumper final payday' with Auric anticipating around $4.0 million from this campaign.
  • Auric expects to bank more than $17 million in total from its profit share, described as a 'game changer' for the company.
  • The target of 2,750 ounces from the final campaign is considered an 'impressive result'.
Better than expected
6 July 2025 6:20 PM

Commercial Agreement Announcement
  • The execution of the toll milling and ore purchase agreement is a significant positive step, enabling the company to monetize gold from the Starter Pit and generate substantial cash flow.
Delay expected
4 July 2025 2:33 AM

Acquisition Update
  • The Wardens Court hearing, originally due on 4 July 2025, has been further adjourned to 1 August 2025, delaying the resolution of a key condition precedent for the acquisition.
Worse than expected
4 July 2025 2:33 AM

Acquisition Update
  • The Wardens Court hearing, which is a condition precedent for the acquisition, was further adjourned from 4 July 2025 to 1 August 2025, indicating a delay in the acquisition process.
Better than expected
28 May 2025 11:00 PM

Annual General Meeting Presentation
  • Net Profit Before Tax increased by a significant 212% from FY 2023 to FY 2024.
  • Total Revenue grew by a substantial 76% in FY 2024.
  • The Jeffreys Find Mine is projected to yield over $15 million in cash returns from a $1.5 million investment, indicating exceptional profitability.
  • Total Assets and Net Current Assets also showed strong growth of 62% and 135% respectively.
Capital raise
22 May 2025 8:26 PM

Capital Raise Presentation
  • The document is a capital raise presentation.
  • The total allocation of the capital raising is $6,660,000.
  • The funds are intended for the Burbanks Gold Facility and Lindsays Project.
Capital raise
20 May 2025 6:58 PM

Trading Halt Request
  • Auric Mining is planning a capital raising.
  • The details of the capital raising will be announced after the trading halt is lifted.
Worse than expected
1 May 2025 4:57 AM

Legal Update
  • The company is facing legal action, which introduces uncertainty and potential financial strain.
Better than expected
30 April 2025 1:45 AM

Annual Report
  • The company's net profit before tax increased by over 300% compared to the previous year, indicating a significant improvement in financial performance.
Capital raise
27 April 2025 11:40 PM

Notice of Annual General Meeting
  • The company is seeking approval for a 7.1A mandate, allowing it to issue up to 10% of its issued capital without further shareholder approval.
  • Funds raised from the 7.1A Mandate will be used for acquisitions, exploration, development, and working capital.
Delay expected
31 March 2025 11:10 PM

Project Update
  • The due diligence period for the Lindsays Gold Project has been extended.
Better than expected
30 March 2025 5:17 PM

Annual Report
  • The company's net profit before tax increased by 212% compared to the previous year, indicating a significant improvement in profitability.
  • Total revenue increased by 76%, demonstrating strong growth in sales.
  • Adjusted net profit before tax increased by 101%, reflecting improved operational efficiency.
Better than expected
6 March 2025 2:00 AM

Corporate Presentation
  • Stage Two gold production at Jeffreys Find has surpassed $100 million in revenue, exceeding initial expectations.
Delay expected
28 February 2025 1:12 AM

Announcement
  • The settlement date will be changed to a date yet to be agreed, indicating a delay in the original timeline.
Better than expected
23 February 2025 5:50 PM

Operational Update
  • The gold sales exceeded $100 million, surpassing initial expectations.
  • The average gold price achieved was significantly higher than the initial estimate of A$2,600 per ounce.
Delay expected
9 February 2025 5:50 PM

Announcement
  • The due diligence timeframe for the exclusive right to purchase the Burbanks Plant has been extended.
Better than expected
30 January 2025 4:13 PM

Quarterly Activities Report
  • The company exceeded expectations with gold sales of $58.7 million at an average price of $3,952 per ounce.
  • The Munda project has progressed faster than expected with the definition of an Ore Reserve and a clear path to mining.
  • The acquisition of the Burbanks Mill at a discounted price is a positive development.
Better than expected
30 January 2025 4:12 PM

Quarterly Report
  • The company reported a positive operating cash flow, which is better than many exploration companies that often report negative cash flow.
Better than expected
13 January 2025 4:22 PM

Production Update
  • The company has exceeded expectations in terms of gold sales and ore processing compared to Stage One.
  • The average gold price achieved is higher than previous sales, leading to increased revenue.
  • The company has received significant interim cash distributions, indicating strong financial performance.
Better than expected
22 December 2024 4:24 PM

Operational Update
  • The company's gold sales for 2024 have exceeded the previous year's total, indicating better than expected performance.
Better than expected
16 December 2024 4:13 PM

Acquisition Announcement
  • The acquisition price is a substantial discount to current and replacement values.
  • The acquisition will enable Auric to process its own ore, reducing reliance on third-party toll milling.
  • The potential to upgrade the plant's capacity offers significant growth opportunities.
Capital raise
11 December 2024 11:53 PM

Clarification Announcement and Pre-Feasibility Study
  • The upfront project capital cost for the starter pit is $6.5M.
  • Any delay to the treatment of ore via toll milling leads to a requirement for working capital of $8.3M, including a 35% contingency.
Worse than expected
11 December 2024 11:45 PM

Resource Update
  • The updated resource estimate shows a slight reduction in grade compared to the previous estimate.
Capital raise
11 December 2024 1:10 AM

Capital Raise Announcement
  • Auric Mining Limited is raising AUD 45,000 through the issue of 300,000 ordinary shares at AUD 0.15 per share.
Worse than expected
9 December 2024 4:46 PM

Exploration Update
  • The results are worse than expected due to the high AISC of $2,635 per ounce compared to industry averages, a lower than average gold recovery rate, and a very short mine life for the Starter Pit.
Delay expected
9 December 2024 4:46 PM

Exploration Update
  • Any delay to the treatment of ore via toll milling leads to a requirement for working capital, including a 35% contingency, $8.3M.
Worse than expected
9 December 2024 4:44 PM

Exploration Update
  • The updated resource estimate shows a slight reduction in estimated gold grade compared to the previous estimate from January 2022.
Delay expected
20 November 2024 4:18 PM

Operational Update
  • Heavy rain has slowed down the haulage of ore to the Three Mile Hill Plant, potentially impacting the overall processing timeline.
Better than expected
14 November 2024 4:22 PM

Exploration Update
  • The drilling results exceeded expectations, revealing high-grade gold intercepts at the Fugitive Prospect and opening a new exploration target at Anomaly 37.
Delay expected
30 October 2024 10:20 PM

Quarterly Report
  • The Munda Gold Project's timeline has been delayed due to DEMIRS requiring a Mining Proposal for a larger area than initially planned.
Better than expected
30 October 2024 10:20 PM

Quarterly Report
  • The Jeffreys Find gold mine's second processing campaign exceeded expectations, generating significantly higher revenue than anticipated.
Better than expected
27 October 2024 5:20 PM

Operational Update
  • The securing of a toll milling agreement with Focus Minerals for a significant amount of ore surpasses previous expectations and ensures expedited cash flow for Auric.
Better than expected
9 September 2024 12:17 AM

Half Year Financial Report
  • Auric Mining reported a net profit for the half-year, a significant improvement from the previous year's loss, exceeding expectations given the previous year's performance.
Better than expected
5 September 2024 6:20 PM

Exploration Update
  • The aircore drilling results exceeded expectations by confirming high-grade gold intersections at the Fugitive Prospect and identifying additional promising targets at the Anomaly 37 Prospect.
Capital raise
25 July 2024 6:21 PM

Quarterly Cash Flow Report
  • The document includes questions about the entity's plans to raise further cash to fund its operations if it has less than 2 quarters of funding available.
  • This suggests a potential need for a capital raise in the future.
Worse than expected
25 July 2024 6:21 PM

Quarterly Cash Flow Report
  • The company's net cash from operating activities was negative, indicating it spent more than it earned from operations.
  • The company has negative cash available for future operating activities, suggesting potential funding challenges.
Better than expected
24 July 2024 6:23 PM

Production Update
  • The company expects cash surpluses well in excess of what they had budgeted and anticipated due to the increasing gold price.
Better than expected
4 July 2024 6:18 PM

Missing type for ID: 5160
  • ASX:AWJ announces better than expected results.
Better than expected
28 May 2024 7:11 PM

Production Update
  • The average selling price of gold was $543 per ounce better than last year.
Better than expected
29 April 2024 6:32 PM

Quarterly Activities Report
  • The company is targeting to mine 300,000 tonnes of ore in 2024, significantly more than the 176,000 tonnes processed in 2023.
Capital raise
22 April 2024 12:33 AM

Notice of Annual General Meeting
  • The company is seeking approval for a 7.1A mandate, which would allow it to issue up to an additional 10% of its issued capital without further shareholder approval.
  • The funds raised from these equity securities would be used for various purposes, including acquisitions, exploration, development, and working capital.
Better than expected
18 April 2024 11:14 PM

Annual Report
  • The company reported a profit after income tax expense for the year attributable to the owners of Auric Mining Limited of $1,313,644 compared to a loss of $1,106,692 in the prior year.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.