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How Is 29Metals Navigating Rising Costs and Gossan Valley Delays?
8:33am on Thursday 17th of July, 2025 AEST
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Mining
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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
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