March Quarter 2026 Results
On 28 April 2026, we released our March Quarter 2026 Results to the market.
The quarter saw strong gold production and our balance sheet further strengthened. Federation’s annualised mining rate is above 400kt and ahead of the plan for FY26 and our Peak plant is operating at record annualised throughput with high recoveries. Our Growth projects are also executing in line with plan.
Managing Director and Chief Executive Officer, Bryan Quinn spoke about the results.
“The March quarter delivered higher gold production of 13koz, free cash flow generation, and improved FY26 gold guidance.
Costs were in line with guidance and free cash flow was generated after adding to restricted cash for rehabilitation bonds, investments in growth capital and payment of taxes. This was achieved while also building ROM stocks at Peak during the quarter, in preparation for production growth in future quarters.
The March quarter also saw us progress the refinancing process, culminating in execution of a financing commitment letter as announced in early April. This materially strengthens the balance sheet and enhances liquidity, positioning Aurelia to execute its strategy with greater flexibility and confidence.
Our Peak Plant Thickener and Ball Mill Projects remain on track, as does the Great Cobar Project. We expect this strong operational and project delivery momentum to continue through Q4 FY26, generating strong cash flow supported by favourable commodity prices.”
Visit the Investor Centre page to see the full March quarter results and presentation.