Horizon Gold flags massive $1.8B earn for WA gold mine
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Source: The Age
Published: 2026-07-22 15:11 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, Australia, Tax & Budget, Commodities, Business & Economy
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Snippet:
Horizon Gold has laid down a serious marker for its Gum Creek project in Western Australia. A freshly tabled definitive feasibility study (DFS) has flagged a major new gold operation that could generate a whopping A$1.854 billion in pre-tax free cashflow, based on an Australian dollar gold price of $5500 per ounce.
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