middle.news
How Did 29Metals Flip $109M Loss to $35M Profit in Six Months?
8:14am on Tuesday 26th of August, 2025 AEST
•
Mining
Read Story
How Did 29Metals Flip $109M Loss to $35M Profit in Six Months?
8:14am on Tuesday 26th of August, 2025 AEST
Key Points
Half-year net profit of $35.3 million, reversing prior $109.2 million loss
Revenue up 12% to $271 million, boosted by zinc and precious metals
Golden Grove mine ramps up ore production and zinc output
Capricorn Copper operations remain suspended due to water management and approvals
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
29Metals (ASX:29M)
OPEN ARTICLE