Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Capricorn Metals Ltd (CMM.ASX)
Release Time 31 Jul 2026, 8:23 a.m.
Price Sensitive Yes
 Capricorn Metals Ltd Q4 FY26 Activities Report
Key Points
  • FY26 Q4 gold production: 30,437 ounces, AISC: $1,648/oz
  • Record annual gold production: 123,589 ounces at AISC of $1,629/oz
  • FY27 gold production guidance: 137,000 - 147,000 ounces
  • Quarterly cash flow from operations: $115.8 million
  • KGP expansion on track for Q1 FY27 commissioning
Full Summary

Capricorn Metals Ltd reported a successful June 2026 quarter with gold production of 30,437 ounces, bringing the annual total to 123,589 ounces. The company achieved the upper end of its FY26 guidance range of 115,000 - 125,000 ounces. The Karlawinda Gold Project (KGP) delivered an AISC of $1,648 per ounce. The company is on track for the expansion project's commissioning in Q1 FY27, with production guidance set at 137,000 - 147,000 ounces. The Mt Gibson Gold Project (MGGP) received federal approval, and development activities are planned to commence in the December 2026 quarter.

Guidance

FY27 gold production: 137,000 - 147,000 ounces, AISC: $1,900 - $2,100 per ounce

Outlook

Capricorn Metals Ltd expects to achieve the post-expansion long-term run rate of 150,000 ounces per annum for the last three quarters of FY27. The company anticipates strong operational performance following the KGP expansion commissioning in Q1 FY27.