Episode Details

Auric Mining is poised to unlock massive gold production in Western Australia with a bold, integrated plan targeting over $800 million in revenue and $400 million in EBITDA from 141,000 ounces of gold. Open-pit mining at Munda begins in December 2027, with ore shipped to the upgraded Burbanks mill starting April 2028—marking the first gold sales. The project, requiring $145 million in funding (with $37 million already secured), aims to give Auric full control over processing and scalability, positioning Burbanks as a future regional hub. With rising material and labor costs, their cost per ounce looks especially competitive.

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