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Aussie gold miners report “outstanding” results

by Joseph Misuraca
July 10, 2025
in Commodities, Company news, Gold, News
Reading Time: 4 mins read
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HansWismeijer/stock.adobe.com

Image: HansWismeijer/stock.adobe.com

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Several Australian gold miners have released their preliminary production and sales results for the financial year, with some boasting “outstanding production performance”. 

Ramelius Resources

Ramelius Resources achieved a production record of 301,664oz for FY25, exceeding the upper end of the upgraded guidance range of 290,000 to 300,000oz.

“I am proud to announce the operations team has done it again, our second consecutive year of record gold production and cash generation, as we cracked the 300,000-ounce mark for the first time,” Ramelius Resources managing director Mark Zeptner said.

“Just as importantly, we have achieved our fifth straight year of meeting or exceeding both production and cost guidance.”

Northern Star Resources

Northern Star Resources’ total gold sold for the June quarter was 444,000oz, bringing FY25 gold sold to 1.63 million ounces (Moz) and within the revised group guidance range of 1.63–1.66Moz.

For the Kalgoorlie Production Centre, total gold sold was 832,000oz for the year, below the revised guidance range. Gold sold at KCGM was 118,000oz for the June quarter as mining productivity improved across both underground and open pit ore sources late in the quarter.

The Yandal Production Centre sold 518,000oz gold, at the mid-point of revised guidance.

Strong performance continued at Pogo, with gold sold of 283,000oz, above the top end of revised guidance.

Regis Resources

Regis Resources’ total gold production for the quarter was 87,400oz, taking total FY25 gold production to 373,000oz while cash and bullion build was $150 million for the quarter, and total cash and bullion as of 30 June 2025 was $517 million.

“The team has done an excellent job executing to plan while also identifying and producing additional opportunistic ounces. With gold prices expected to remain strong, we see this trend continuing,” Regis managing director and chief executive Jim Beyer said.

Alkane

Alkane Resources’ Tomingley gold operations in central west New South Wales has delivered strong production in the final quarter of the financial year to meet its FY2025 production guidance.

Tomingley produced 70,120oz of gold for the 12 months to 30 June 2025. Alkane’s unaudited cash, bullion and listed investments position as of June 30 totalled A$68.3m, comprising A$60.3 million of cash and bullion on hand and A$8.0 millions of listed investments.

“Tomingley has had an excellent year with increased production from the Roswell underground and the successful commissioning of both a new paste plant and a flotation and fine grind circuit,” Alkane managing director Nic Earner said.

“Alkane’s board and management acknowledge and thank the employees and contractors of the company for their strong and continued commitment to safety, production and exploration performance. Alkane’s operation at Tomingley, combined with our merger with Mandalay Resources, place us firmly into the mid-tier gold companies on the ASX. We look forward to the year ahead and delivering for our shareholders.”

Bellevue

Bellevue reported strong cash build during the June 2025 quarter with record free cash flow of $67 million.

Cash and gold on hand as of June 30 increased by $65 million during the quarter to A$152 million.

Gold production for the June 2025 quarter was 38,941oz, following a record 287,000 tonnes processed at 4.5 g/t and 94.4 per cent recovery.

During the month of June 2025, recoveries were 95 per cent following modifications implemented as part of the plant upgrade during the quarter.

Gold sales totalled 38,754oz at an average sale price of A$5147/oz with all gold sold at spot gold prices. Gold sold across the full FY25 year was 130,164oz.

The June 2025 quarter reflected much improved performance across all key aspects of the operation. Ore mined during the quarter was 290k tonnes at 4.7 g/t gold for 43,500oz.

Gold Road Resources

Gold Road Resources presented Gruyere’s preliminary production update for the June 2025 quarter. 

Gruyere’s preliminary production result for the June quarter is 72,980oz of gold on a 100 per cent basis. Gold Road sales totalled 37,741 ounces at an average sales price of A$5131 per ounce.

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