29Metals' Payable Copper Sales Fall in December 2025 Quarter

MT Newswires Live01-20 08:03

29Metals (ASX:29M) said it sold 12.6 million pounds of payable copper in the December 2025 quarter from the Golden Grove project in Western Australia, up from the 11.9 million pounds sold in the December 2024 quarter, according to a Tuesday Australian bourse filing.

The firm reported copper production of 6,900 tonnes in the quarter, up from 5,300 tonnes in the December 2024 quarter, while its zinc production dropped to 3,400 tonnes from 17,600 tonnes.

The company produced 3,000 ounces of gold and 196,000 ounces of silver during the quarter, the filing said.

In the same period in 2024, it produced 6,100 ounces of gold and 241,000 ounces of silver, the filing added.

For fiscal 2026, 29M expects copper production in the range of 20,000 tonnes to 25,000 tonnes, the company said.

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