Goldminer Catalyst Metals achieved a record quarterly production at its flagship Plutonic gold belt, on the back of three mines being online.
Goldminer Catalyst Metals achieved a record quarterly production at its flagship Plutonic gold belt, on the back of three mines being online.
James Champion de Crispigny-led Catalyst told the market it produced 28,176 ounces of gold, at an all-in sustainable cost of $2,565 per ounce.
This was up from 17,572oz in September, with an average AISC of $2,877 per ounce.
As a result, Catalyst said it has maintained its FY26 annual production guidance of between 100,000 to 110,000 oz, with an average AISC of $2,575 per oz.
“Record gold production for the quarter is pleasing,” the company said.
“The operating risk for the business continues to fall as new mines come online. Before June 30, we will be producing from four mines on the belt – a terrific outcome from the team considering less than two and a half years ago Plutonic was near bankrupt, producing from only one mine.
“Exploration results at Cinnamon are encouraging as are further results expected this quarter from Trident, Old Highway and K2.”
Debt-free, Catalyst said it had $238 million in cash and bullion at the end of the December 2025 quarter – a rise of $11 million from September 2025, despite being able to raise its spending on both exploration and development of its projects.
On December 2 last year, Elena O’Connor also departed as Catalyst’s CFO, following her appointment to the role on July 24.
Catalyst shares closed trade up 2 per cent to $7.83.
