Copper-focused miner 29Metals has completed a strong financial turnaround, reducing debt and swinging back to profitability in 2025 as its Golden Grove operation delivered a sharp earnings lift.
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Funds growth aims to take 29Metals beyond seismic disruptions
29Metals is launching a $150 million equity raising to ensure its development pipeline stays firmly on track despite near-term production impacts from seismic activity at its Xantho Extended mine.
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High-grade hits lift Golden Grove mine life prospects for 29Metals
29Metals has announced the results from recent drilling programs at its Golden Grove mine, highlighting more high-grade copper and zinc intercepts which could extend the project’s mine life.
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Contract awarded to support Gossan Valley ramp-up
29Metals has announced the award of a four-year underground mining contract to Byrnecut Australia for the Gossan Valley mine at Golden Grove.
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High-grade copper, zinc and gold hits at Golden Grove for 29Metals
High-grade copper, zinc and gold intercepts at Golden Grove have geared 29Metals for mine-life extensions, while also revealing that two deposits might be part of a single large mineralised system.
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29Metals maintains copper guidance despite Xantho challenges
29Metals Limited has reported its results for the September 2025 quarter, outlining plans to access alternate ore sources while it works to resume activity at the Xantho Extended orebody.
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29Metals targeting Golden Grove extension
29Metals has hit a run of high-grade copper and zinc at Golden Grove, pointing to mine life extensions and new growth opportunities at the Western Australian operation.
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29Metals paving the way for Capricorn Copper restart
29Metals has applied to develop a long-term tailings storage facility (TSF) at its Capricorn Copper project in Queensland.
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Tivan and 29Metals strengthen boards
Tivan and 29Metals have both announced leadership updates that are expected to support the ongoing growth and strategic direction of their respective businesses.
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Capricorn Copper weathers the storm
29Metals has reached a final insurance settlement for the damage caused to its Capricorn Copper operation in Queensland more than two years ago as a result of extreme weather.
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Copper on the up for 29Metals
29Metals delivered an increase in copper production during the December 2024 quarter, while meeting its full-year production and costs guidance for copper and zinc.
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29Metals’ Gossan Valley gets the greenlight
29Metals has reached a final investment decision for the Gossan Valley project, part of the Golden Grove copper operation in Western Australia.
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Golden Grove’s copper bounty
Recent drilling has led to the expansion of 29Metals’ Golden Grove copper-gold project in Western Australia.
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Personnel safe following bushfire near Capricorn mine
No health or safety incidents were recorded at 29Metals’ Capricorn copper mine in Queensland after bushfires were reported near the operation.
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Zinc production up for 29Metals
29Metals is celebrating an increase in zinc production from the Golden Grove mine in Western Australia during the September quarter, sitting at 19,000 tonnes (t).
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29Metals back on the rise
29Metals has released its half-year financial report for the period ending June 30 2024, showcasing improved financial and operational metrics.
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Boss and 29Metals ramp up operations
Boss Energy and 29Metals are celebrating strong quarters thanks to ramp ups in production of across their operations.
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More leadership changes from major miners
Evolution Mining, 29Metals and Greatland Gold have all welcomed new leadership to their teams, while Fortescue has farewelled one of its company secretaries.
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29Metals awards key Golden Grove contract
29Metals is one step closer to realising the expansion of its Golden Grove copper-zinc mine in Western Australia thanks to a key construction contract with MLG.
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Golden Grove shines for 29Metals
29Metals’ Golden Grove copper-zinc mine in Western Australia was a highlight of the company’s March quarter.
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