Rox gives go-ahead for Youanmi gold mine, aiming for first pour in mid-CY27

The Market Herald13:01

Rox Resources (ASX:RXL) has made the final investment decision for the high-grade Youanmi gold project in Western Australia, paving the way for early construction to begin before a planned first gold ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRox gives go-ahead for Youanmi gold mine, aiming for first pour in mid-CY27\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-17 13:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/rox-gives-go-ahead-for-youanmi-gold-mine-aiming-for-first-pour-in-mid-cy27-2026-03-17/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rox Resources (ASX:RXL) has made the final investment decision for the high-grade Youanmi gold project in Western Australia, paving the way for early construction to begin before a planned first gold ...</p>\n\n<a href=\"https://themarketonline.com.au/rox-gives-go-ahead-for-youanmi-gold-mine-aiming-for-first-pour-in-mid-cy27-2026-03-17/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IAU","symbol_name":"黄金信托ETF-iShares","start_time":0,"source_url":"https://themarketonline.com.au/rox-gives-go-ahead-for-youanmi-gold-mine-aiming-for-first-pour-in-mid-cy27-2026-03-17/","article_id":"2620448830","we_media_id":null,"thumbnails":[],"rights":{"source":"markerherald_stock","url":"https://themarketonline.com.au/rox-gives-go-ahead-for-youanmi-gold-mine-aiming-for-first-pour-in-mid-cy27-2026-03-17/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2620448830","pubTimestamp":1773723660,"columns":[],"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"Rox Resources  has made the final investment decision for the high-grade Youanmi gold project in Western Australia, paving the way for early construction to begin before a planned first gold pour in mid-CY27.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week.On Spotify, Apple, and more.The FID follows the receipt of a mining development and closure proposal from the Western Australian Department of Mines, Petroleum, and Exploration.“Bulk earthworks will commence shortly… for these construction works, whilst the company finalises the remaining key contracts,” Mr Wilding said. “The project is now fully funded through to production, and over coming months we’ll work towards financial close while ramping up on-site construction activity.The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a ce","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"IAU":"黄金信托ETF-iShares","GDX":"黄金矿业ETF-VanEck","XME":"金属与采矿指数ETF-SPDR","JNUG":"金矿指数二倍做多ETF","BK4207":"综合性银行","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","DGP":"二倍做多黄金ETN(PowerShares)","GDXJ":"小型黄金矿业ETF(Market Vectors)","RXL.AU":"ROX RESOURCES LTD","BK4585":"ETF&股票定投概念","AAAU":"Goldman Sachs Physical Gold ETF","SGOL":"Abrdn Gold ETF Trust","BK7104":"黄金","GLL":"2倍做空黄金ETF-ProShares","DZZ":"德银黄金两倍做空ETN","IAUM":"ISHARES GOLD TRUST MICRO","BK4535":"淡马锡持仓","DUST":"二倍做空黄金矿业指数ETF-Direxion","BK4504":"桥水持仓","GLDM":"SPDR Gold MiniShares Trust","BK4588":"碎股"},"translate_title":"Rox批准Youanmi金矿，计划于27年中期首次浇注","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GDX":1.5,"RXL.AU":1,"DZZ":1.5,"GDXJ":1.5,"DUST":1.5,"IAU":1.5,"JNUG":1.5,"XME":1.5,"GLL":1.5,"DGP":1.5,"AAAU":1.5,"SGOL":1.5,"GLDM":1.5,"IAUM":1.5,"GDXD":1.5},"content_text":"Rox Resources (ASX:RXL) has made the final investment decision for the high-grade Youanmi gold project in Western Australia, paving the way for early construction to begin before a planned first gold pour in mid-CY27.\nListen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.\nThe FID follows the receipt of a mining development and closure proposal from the Western Australian Department of Mines, Petroleum, and Exploration.\nRox’s managing director and CEO, Phill Wilding, said the decision allows construction to commence for the new processing plant, tailings storage facility (TSF) and power station/solar array, as well as the redesign of the existing west main waste rock dump, which will become the new run-of-mine.\n“Bulk earthworks will commence shortly… for these construction works, whilst the company finalises the remaining key contracts,” Mr Wilding said. “The project is now fully funded through to production, and over coming months we’ll work towards financial close while ramping up on-site construction activity.\nHe continued: “This is a pivotal milestone for Rox Resources, allowing us to remain on schedule with our pathway towards production as we prepare for an average 117,000 ounce per annum production profile.”\nThe final approvals are supported by $350 million in credit commitments from a syndicate of banks (a $200M placement) and a $18M share purchase plan.\nRox and the syndicate of banks are now working towards the execution of finance documents and satisfaction of typical conditions precedent. Financial close and first debt drawdown are expected in the September CY26 quarter.\nMost early works streams have already commenced, with the majority of long lead items ordered, and construction of the accommodation facilities ongoing.\nThe mine is scheduled to produce 117,000 ounces per annum over an initial seven-year life of mine. Rox is confident there is still upside and is targeting production rate increases and mine life with further drilling.\nStudies have identified an NPV8 of $1.4 billion and IRR of 69% (pre-tax) of $1.0 billion and IRR 55% (post-tax) at the base case of A$5,200 per ounce and an NPV8 A$2.4 billion and IRR 102% (pre-tax), $1.7 billion and IRR 81% (post-tax) at a spot gold price of A$7,000 per ounce, the company added.\nRXL is down -1.5% to 49.3¢ today.\nJoin the discussion: See what HotCopper users are saying about Rox Resources Ltd and be part of the conversations that move the markets.\nThe material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2620448830","isCrawlerRequest":true}