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29Metals Posts $24m Profit as Gossan Valley and Restart Plans Advance

8:50am on Monday 20th of April, 2026 AEST Mining
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29Metals Posts $24m Profit as Gossan Valley and Restart Plans Advance

8:50am on Monday 20th of April, 2026 AEST
Key Points
  • Net profit after tax of $24m versus $178m loss in 2024
  • Golden Grove copper production steady at 22kt despite Xantho seismic issues
  • Gossan Valley project portal fired ahead of schedule, first ore expected end 2026
  • Capricorn Copper water inventory cut by 1.5 gigalitres, TSF 3 regulatory application advanced
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