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CNMC Goldmine's FY2025 earnings reached US$42 mil in 'big step-up' year

The Edge Singapore
The Edge Singapore  • 2 min read
CNMC Goldmine's FY2025 earnings reached US$42 mil in 'big step-up' year
Photo: CNMC Goldmine Holdings
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Driven by higher gold prices and greater production volume, CNMC Goldmine Holdings' 2HFY2025 earnings reached US$26.2 million, a surge of 382.8% y-o-y. This brings its full-year earnings to US$42 million, up 326.5%. Revenue for the whole of FY2025 doubled to US$128.4 million.

In FY2025, the company produced and sold 26,039 ounces of gold at an average price of US$3,589, up from 17,959 ounces at US$2,455 in FY2024.

Besides higher revenue, CNMC is able to operate at a more efficient manner, with all-in cost of production for gold down to US$1,459 per ounce in FY2025 from US$1,477.

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