Astral Resources

Industry: MINING

Astral Resources (ASX:AAR) is a dynamic, growth-focused gold producer committed to establishing a premier 100,000oz per annum gold operation in the renowned Kalgoorlie region of Western Australia. The company is recognized for its significant large-scale projects, including the flagship Mandilla Gold Project, which boasts a resource of 1.38 million ounces and is projected to produce over 100,000oz annually in its first seven years. With a pre-tax NPV of $442 million and anticipated free cash flow of $740 million, the project’s scoping study reveals outstanding financial and operational metrics, including a swift payback period of just 9 months. Astral’s experienced leadership team, with a proven track record in value creation, continues to explore and expand its resource base, positioning the company as a major contender in the global mining sector.