BUZZ-Australia's Beacon Minerals hits 8-month high on upbeat gold sales from WA project

Reuters

01-15

** Beacon Minerals soars 13% to A$0.026, highest since Sept. 13, 2024

** Stock up as much as 17.4% earlier in the day in biggest intraday jump since March 27, 2023

** Miner posts gold sales of A$26.6 mln ($16.5 mln) for the December quarter from its Jaurdi gold project in Western Australia, up from A$16.17 mln in September quarter

** Produces 6,861 ounces of gold in December quarter, higher than 5,230 ounces in September quarter

** More than 25 mln shares traded in stock's busiest session since Nov. 30, 2021

** Stock lost 12% in 2024

($1 = A$1.6173)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))

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