middle.news

How Is 29Metals Navigating Rising Costs and Gossan Valley Delays?

8:33am on Thursday 17th of July, 2025 AEST Mining
Read Story

How Is 29Metals Navigating Rising Costs and Gossan Valley Delays?

8:33am on Thursday 17th of July, 2025 AEST
Key Points
  • Copper production rises to 5.6kt at Golden Grove, zinc output declines
  • C1 costs surge to US$2.09/lb due to lower by-product credits
  • Growth capital guidance trimmed to $61–82 million reflecting Gossan Valley deferrals
  • Capricorn Copper remains suspended with water inventory reduced by 1.3 gigalitres
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about 29M
OPEN ARTICLE