OREMAVEN
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2026-11-06
◂ Monitor FML ASX

Focus Minerals Limited

Producer · Gold · AU Rating locked: sign in to view v8.1 · fml-20261102t225750-full
Last 2026-11-06
A$1.79
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$512.9M
EV
A$235.8M
Cash
A$184.6M
Debt
A$0

Portfolio detail

Assets

2 assets

Core asset

Coolgardie open-pit operations (CNX, Brilliant reserve, stockpiles; Dreadnought and Alicia mining)

AU

Producer100% ownedGold

Producing: open-pit mining at CNX and Dreadnought in the September 2026 quarter; Alicia pit completed in September 2026; Brilliant open-pit reserve awaiting approvals (2022 presentation).

Producer · Producer
Production annualised (attributable)
23.7k ozd
Production (last FY, 100%)
27.9k oz
AISC (latest quarter)
—
AISC margin at spot
—
Delivery vs guidance
—
Reserve life
7.8 yrsd
Head grade
0.79 g/t

Project location

Approximate location

Loading location…

© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Resources & reserves4
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcetotal (measured, indicated and inferred; depleted to 31 Dec 2025)42.6 Mt1.89 g/t AuGold2025-12-31
Mineral Resourceindicated24.5 Mt1.86 g/t AuGold2025-12-31
Ore Reserveproved (CNX)1.1 Mt1.17 g/t AuGold2025-12-31
Ore Reserveprobable (Brilliant, CNX, stockpiles)3.7 Mt1.47 g/t AuGold2025-12-31
Tenements1
ten-coolgardie-mainGranted113.2 km2 · No expiry supplied
Milestones1
  1. CNX stage 2 cut-back feasibility work (later 2026)

    Pending · Medium materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Brilliant open-pit mining approvals (reserve approval process)Western AustraliaPending—Yes

Core asset

Bonnie Vale underground mine (Coolgardie)

AU

Ramping Producer100% ownedGold

Ramping up: stope production since October 2025; 112,649 t at 5.58 g/t mined in the September 2026 quarter; lateral development and infrastructure continuing to level 1160.

Producer · Ramping producer
Production annualised (attributable)
80.8k ozd
Production (last FY, 100%)
25.8k oz
AISC (latest quarter)
—
AISC margin at spot
—
Delivery vs guidance
—
Reserve life
6.4 yrsd
Head grade
5.58 g/t
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourceunderground resources, Coolgardie (Bonnie Vale and other UG deposits)5.9 Mt4.08 g/t AuGold2025-12-31
Ore Reserveprobable0.9 Mt5.93 g/t AuGold2025-12-31
Tenements1
ten-bonnie-valeGranted— None · No expiry supplied
Milestones1
  1. Bonnie Vale stope and development ramp through 2026 (ore tonnes at 5-6 g/t)

    Pending · High materiality

d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)

Stock database

Other assets

Plants, holdings and assets valued inside a project
Coolgardie mineral resource inventory (depleted to 31 Dec 2025) · Resource / scoping · Resource stage
Contained metal (attributable)
2.6m ozd
Resource grade
1.89 g/t
% Measured + Indicated
60.8%d
Resource tonnes
42.61 Mt
Our value per attrib. contained unit
Locked
Mining method
Open pit (surface) and underground, Coolgardie
Three Mile Hill processing plant (Coolgardie) · Processing plant / refinery · Operating
Product and spec
Gold sold to the Perth Mint plus silver credits
Nameplate capacity
—
Throughput (12M)
705.4k t
Utilisation
—
Capital intensity (capex / tpa)
—
Feed source
Captive Coolgardie ore 644,842 t plus toll treatment ore 60,544 t (H1 2026)
Offtake contracted
—