CNMC in 1HFY2025 produced 11,811 ounces of gold, up 26% y-o-y, and its average selling price was US$3,197 per oz, up 41.1% y-o-y.
CNMC Goldmine Holdings has reported record earnings of US$15.8 million for its 1HFY2025, up 256.1% y-o-y. Revenue in the same period ended June was up 78% to US$52.8 million, driven by both higher production and higher selling prices of the yellow metal.
For context, earnings for the whole of FY2024 came in at just US$9.8 million and the company's previous record was US$12.2 million back in 2014.
