Beacon Minerals Cuts March Quarter Gold Production Guidance; Shares Fall 5%

MT Newswires Live

Mar 17

Beacon Minerals (ASX:BCN) lowered its gold production guidance for the March quarter and now anticipates 4,600 to 5,400 ounces, according to a Tuesday Australian bourse filing.

The company said that lower production in February was caused by the final three benches at the MacPhersons pit underperforming in grade relative to expectations, a scheduled mill shutdown, periods of unplanned downtime during the month, and lower ore grades processed during the period resulting from the treatment of MacPhersons stockpiles and lower grade ore mined from the final MacPhersons cutback.

In the same filing, the company said its resource development drill program at the Iguana deposit, part of the Lady Ida project in Western Australia, intercepted multiple high-grade intersections. It hit intercepts of 9 meters at 25.9 grams per tonne (g/t) grade of gold from 132 meters, as well as 3 meters at 47.9 g/t grade of gold from 13 meters.

Beacon Minerals' shares fell 5% in recent trading on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2620419705"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2620419705\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2620419705?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-17 10:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2620419705","market":"sg","top_or_hot":-1,"title":"Beacon Minerals Cuts March Quarter Gold Production Guidance; Shares Fall 5%","media":"MT Newswires Live","content":"<html><body><p> Beacon Minerals (ASX:BCN) lowered its gold production guidance for the March quarter and now anticipates 4,600 to 5,400 ounces, according to a Tuesday Australian bourse filing.</p><p>The company said that lower production in February was caused by the final three benches at the <a href=\"https://laohu8.com/S/MRP.AU\">MacPhersons</a> pit underperforming in grade relative to expectations, a scheduled mill shutdown, periods of unplanned downtime during the month, and lower ore grades processed during the period resulting from the treatment of MacPhersons stockpiles and lower grade ore mined from the final MacPhersons cutback.</p><p>In the same filing, the company said its resource development drill program at the Iguana deposit, part of the Lady Ida project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, intercepted multiple high-grade intersections. It hit intercepts of 9 meters at 25.9 grams per tonne (g/t) grade of gold from 132 meters, as well as 3 meters at 47.9 g/t grade of gold from 13 meters.</p><p>Beacon Minerals' shares fell 5% in recent trading on Tuesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beacon Minerals Cuts March Quarter Gold Production Guidance; Shares Fall 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeacon Minerals Cuts March Quarter Gold Production Guidance; Shares Fall 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-17 10:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Beacon Minerals (ASX:BCN) lowered its gold production guidance for the March quarter and now anticipates 4,600 to 5,400 ounces, according to a Tuesday Australian bourse filing.</p><p>The company said that lower production in February was caused by the final three benches at the <a href=\"https://laohu8.com/S/MRP.AU\">MacPhersons</a> pit underperforming in grade relative to expectations, a scheduled mill shutdown, periods of unplanned downtime during the month, and lower ore grades processed during the period resulting from the treatment of MacPhersons stockpiles and lower grade ore mined from the final MacPhersons cutback.</p><p>In the same filing, the company said its resource development drill program at the Iguana deposit, part of the Lady Ida project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, intercepted multiple high-grade intersections. It hit intercepts of 9 meters at 25.9 grams per tonne (g/t) grade of gold from 132 meters, as well as 3 meters at 47.9 g/t grade of gold from 13 meters.</p><p>Beacon Minerals' shares fell 5% in recent trading on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BCN.AU","symbol_name":"BEACON MINERALS LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2620419705","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620419705","pubTimestamp":1773712875,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Beacon Minerals  lowered its gold production guidance for the March quarter and now anticipates 4,600 to 5,400 ounces, according to a Tuesday Australian bourse filing.The company said that lower production in February was caused by the final three benches at the MacPhersons pit underperforming in grade relative to expectations, a scheduled mill shutdown, periods of unplanned downtime during the month, and lower ore grades processed during the period resulting from the treatment of MacPhersons stockpiles and lower grade ore mined from the final MacPhersons cutback.In the same filing, the company said its resource development drill program at the Iguana deposit, part of the Lady Ida project in Western Australia, intercepted multiple high-grade intersections. It hit intercepts of 9 meters at 25.9 grams per tonne (g/t) grade of gold from 132 meters, as well as 3 meters at 47.9 g/t grade of gold from 13 meters.Beacon Minerals' shares fell 5% in recent trading on Tuesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BCN.AU":"BEACON MINERALS LTD","MTX":"Minerals Technologies Inc","BK7104":"黄金","BK4109":"特种化学制品"},"translate_title":"Beacon Minerals下调3月份季度黄金产量指引；股价下跌5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BCN.AU":1,"MTX":1.5},"content_text":"Beacon Minerals (ASX:BCN) lowered its gold production guidance for the March quarter and now anticipates 4,600 to 5,400 ounces, according to a Tuesday Australian bourse filing.The company said that lower production in February was caused by the final three benches at the MacPhersons pit underperforming in grade relative to expectations, a scheduled mill shutdown, periods of unplanned downtime during the month, and lower ore grades processed during the period resulting from the treatment of MacPhersons stockpiles and lower grade ore mined from the final MacPhersons cutback.In the same filing, the company said its resource development drill program at the Iguana deposit, part of the Lady Ida project in Western Australia, intercepted multiple high-grade intersections. It hit intercepts of 9 meters at 25.9 grams per tonne (g/t) grade of gold from 132 meters, as well as 3 meters at 47.9 g/t grade of gold from 13 meters.Beacon Minerals' shares fell 5% in recent trading on Tuesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}