Kaiser Reef cash hits $43M as Tassie gold play continues to shine
Kaiser Reef has knocked out another strong quarter of gold production at its Henty gold mine in Tasmania, boosting its cash reserves to $43.1 million.
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By Andrew Todd
January 8, 2026 — 4.24pm
Kaiser Reef has knocked out another barnstorming quarter of gold production at its Henty gold mine in Tasmania, producing 6946 ounces of gold, alongside 715 ounces from Victoria, to boost its cash reserves to $43.1 million, as the company heads into a transformative new year.
The company says it continues to generate strong cash flows from Tasmania alongside a ramp-up at its Maldon gold project in Victoria. The underground operations at Henty poured more than 7500 ounces overall, marking a solid second full quarter for the project under Kaiser’s new ownership.
Gold dore produced at Kaiser Reef’s Henty gold mine in Tasmania.
Kaiser says it will reinvest profits quickly into drilling, infrastructure and equipment, to secure a steady production rate of more than 30,000 ounces per year from the next financial year.
Maldon chewed through the last of the A1 gold mine ore during the quarter, before smoothly switching over to fresh feed from historical dumps that are set to keep gold production humming through 2026.
According to the company, Maldon hit a level of throughput consistency not seen for some time. Drilling, meanwhile, continues to target sufficient resource growth to ultimately reopen underground mining at the historic goldfield.
‘We are reinvesting back into the Mine with drilling, infrastructure and equipment, targeting a consistent +30koz Au run rate’
Kaiser Reef managing director Brad Valiukas
Kaiser’s flagship Henty continues to outperform its $31.6 million price tag, with a second strong quarter of production under Kaiser’s ownership, churning out nearly 7000 ounces - $46 million at today’s prices in one quarter.
The company’s balance sheet has also continued to improve, with another $13.7 million in the can after reducing payments to outstanding gold loans, which are expected to be cleared in March.
Kaiser Reef managing director Brad Valiukas said: “Henty continues to perform strongly, with a second strong quarter of production under Kaiser’s ownership, with nearly 7,000oz produced and over 7,500 ounces poured, producing robust cash flow. At the same time, we are reinvesting back into the Mine with drilling, infrastructure and equipment, targeting a consistent +30koz Au run rate from next financial year.”