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TDUX
Jul 16 - 10:55 PM

Gold - Australia's Beacon Minerals Hits Two-Week Low On Weaker Gold Production

By Keshav Singh Chundawat  —  Jul 16 - 09:18 PM

• Shares of Australia's Beacon Minerals fall as much as 4.7% to A$2.620, their lowest point since July 2

• Stock has lost 18.4% so far this week, set for its biggest weekly drop since the week ended February 6

• The gold producer says it produced 5,241 ounces of gold from Jaurdi Gold Project, Western Australia in the June quarter, compared with 7,365 ounces in the pcp

• BCN stock down 5.4%, YTD

(Reporting by Keshav Singh Chundawat in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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