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Murray Ward

October 26, 2026 — 4:38pm

Dual-asset gold producer Kaiser Reef has wiped a key debt from its books after a solid September quarter, a move expected to unchain about $600,000 a month in operating cash flow.

The company banked 6263 ounces of gold during the period, boosting its cash and bullion balance to a healthy $40 million and allowing it to fully repay the senior secured gold loan used to acquire its flagship Henty gold mine in Tasmania.

Kaiser Reef is advancing a two-pronged strategy at its producing Henty gold mine in Tasmania (pictured) and the high-grade Maldon gold project in Victoria.

Production from the company’s two Australian assets continued to build momentum during the period, with total gold output rising to 6263 ounces from 6000 ounces in the prior quarter. The cornerstone Henty mine churned out 5692 ounces of gold and a further 5259 ounces of silver, while its Maldon project in Victoria chipped in another 572 ounces of gold.…