Genesis Minerals said it produced 72,107oz of gold during the September 2026 quarter. The company reported sales of 71,594oz at an average price of A$5,902/oz, generating A$422.5 million in revenue.
The company reported cash and equivalents of A$598.0 million at September 30, bank debt of A$200 million and net cash of A$398.0 million. It also reported unaudited underlying net profit after tax of A$120 million to A$130 million for the quarter.
Genesis said Tower Hill development activities were continuing, with early mining ahead of schedule and first ore targeted in FY28. At Bruno Lewis, it said access roads, offices, workshop and fuel-depot works were underway and/or complete, with first ore targeted in the December quarter.
Genesis and Vault agreed during the quarter to merge through a Vault scheme of arrangement under which Genesis would acquire all Vault shares. Genesis said the transaction has potential to unlock about A$2.0 billion in post-tax, undiscounted synergies, subject to the proposed scheme proceeding.
Source: Download GMD official ASX announcement, 2026-10-22.
Underground mine working at Ulysses, reproduced from Genesis Minerals' quarterly announcement dated 22 October 2026.