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MGX Resources Limited (MTGRY) Q3 2026 Earnings Call Prepa...
2026-04-25 · via All Articles on Seeking Alpha

MGX Resources Limited (MTGRY) Q3 2026 Earnings Call April 23, 2026 9:00 PM EDT

Company Participants

Peter Kerr - Chief Executive Officer

Presentation

Operator

Thank you for joining today's teleconference for the release of MGX Resources March Quarter Activities Report. MGX Chief Executive Officer, Peter Kerr, will be leading the discussion and is joined by Chief Financial Officer, Gill Dobson; and External Relations Manager, John Fasias. Mr. Kerr will provide a brief overview, after which there will be an opportunity to ask questions. Due to time constraints, only institutional participants will be invited to ask a question at that time. A recording of the call will also be available via the MGX website shortly after completion of today's teleconference. I will now hand you over to Peter. Thank you.

Peter Kerr
Chief Executive Officer

Thanks, Lisa, and good morning, everyone. Thanks for joining us to discuss MGX Resources' March '26 quarterly activities report. As usual, I'll give a brief overview and then hand back to Lisa for any questions anyone may have. And the usual reminder, all currency that's mentioned on this call is denominated in Australian dollars, unless otherwise stated. So the March quarter was obviously a significant one for MGX being anchored by completion of our acquisition of a 50% interest in the Central Tanami Gold Project in the Northern Territory. And given the transformational nature of that acquisition and the approaching end to our iron ore operations at Koolan Island this year, the Central Tanami Gold project will become the key focus going forward. So firstly, on safety. I'm pleased to say that the business incurred no reportable injuries in the March quarter, which resulted in a reduction to the company's total recordable injury frequency rate from 5.3 to 5.1 injuries per 1 million manhours worked. And importantly, the lost time injury frequency rate remained at 0. So our safety performance remains favorable when compared with applicable industry