Latest 29Metals (ASX:29M) News

29Metals delivered a robust December quarter at its Golden Grove mine with strong copper and zinc production, while Capricorn Copper remains suspended pending critical regulatory approvals. The company is progressing key growth projects and board changes as it navigates liquidity and operational challenges.

29Metals reported a strong December quarter with increased copper and zinc production at Golden Grove, cost efficiencies, and steady progress on key projects, while Capricorn Copper remains suspended pending regulatory approvals.

29Metals Limited reports promising high-grade copper and zinc intercepts from its 2025 drilling program at Golden Grove, signalling potential mine life extensions and enhanced operational flexibility.

29Metals has awarded a $253 million mining contract to Byrnecut for the Gossan Valley project, aiming for first ore by the end of 2026 and enhancing Golden Grove’s production profile.

29Metals Limited has reported promising high-grade copper, zinc, and gold resource extension drilling results at its Golden Grove mine, revealing potential for significant mine life extensions and a large mineralised system at depth.

29Metals maintains steady copper output at Golden Grove despite seismic disruptions to zinc production, while progressing key growth projects and regulatory steps toward Capricorn Copper’s restart.

29Metals reports a steady copper output but significant zinc production decline due to seismic disruptions at Golden Grove, alongside rising operational costs and ongoing progress at Capricorn Copper.

29Metals has withdrawn its full-year zinc production guidance following a seismic event at the Xantho Extended orebody in Western Australia, while maintaining outlooks for copper, gold, and silver.

29Metals Limited reports promising high-grade copper and zinc drill results from its 2025 exploration program at Golden Grove, highlighting potential mine life extensions and resource growth opportunities.

29Metals has successfully moved its application for a new tailings storage facility at Capricorn Copper into detailed assessment, marking a critical step toward restarting operations sustainably.

29Metals has reported a robust turnaround in its half-year results, posting a $35 million net profit and significantly reducing debt, underpinned by operational improvements and insurance proceeds.

29Metals Limited has reversed a significant loss to report a $35.3 million net profit for the first half of 2025, driven by stronger production at Golden Grove and improved metal prices, while Capricorn Copper remains suspended amid ongoing water and regulatory challenges.