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How Did 29Metals Flip $109M Loss to $35M Profit in Six Months?

12:42am on Sunday 21st of December, 2025 AEDT Mining
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How Did 29Metals Flip $109M Loss to $35M Profit in Six Months?

12:42am on Sunday 21st of December, 2025 AEDT
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
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