Auric Mining’s 180,000 tonne per annum Burbanks gold plant prior to refurbishment, 10 kilometres south of Coolgardie in Western Australia Credit: File In its march towards becoming a self-sufficient gold producer, Auric Mining (ASX: AWJ) has taken a significant step, locking down the services of a highly regarded industry veteran to lead the development and construction of its Burbanks processing facility. Scott Bailey, who is due to join the company as processing lead in thr

It’s raining gold profits at Auric Mining after the company reported its most successful year on record. Credit: File ASX-listed Auric Mining (ASX: AWJ) has posted a $5.2 million net profit for the 2025 financial year, capping off a breakout period that saw the company surge into the ranks of bona fide gold producers on the back of its Munda and Jeffreys Find operations. Revenue rocketed 144 per cent to $20.6M, while free cash flow climbed 129 per cent to $6.5M, underscoring

Auric Mining managing director Mark English has more than 43 million reasons to smile following completion of the company’s Munda starter pit, five kilometres west of Widgiemooltha in WA. Credit: File Auric Mining (ASX: AWJ) has finalised its maiden Munda starter pit campaign with a golden gleam, banking a mint from its bullion sales and confirming the deposit may be bigger and higher grade than first modelled. The company says it has now completed the sale of all bullion pro

Auric Mining has wrapped up its Munda starter pit with a stunning final tally of 8,886 ounces of gold, 46 per cent above budget, leaving the company well cashed up with $43 million, ahead of a much larger pit.