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Austral Gold Navigates Losses and Casposo Revival Amid Liquidity Concerns
2:27am on Saturday 30th of August, 2025 AEST
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Mining
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Austral Gold Navigates Losses and Casposo Revival Amid Liquidity Concerns
2:27am on Saturday 30th of August, 2025 AEST
Key Points
Net loss of US$1.292 million for HY25, improved gross profit margin to 23.1%
Gold equivalent production of 5,996 ounces from Guanaco/Amancaya mine in Chile
Casposo plant refurbishment in Argentina substantially completed, poised for restart
Increased cash costs and sustaining costs due to equipment failures and lower volumes
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