29Metals reports lower Q2 ore mined at Golden Grove; high-grade output expected in H2
iconJul 17, 2025 18:11
Source:SMM
On July 17th, 29 Metals reported total ore mined at its Golden Grove operation of 334kt in Q2 2025, down from 402kt in Q1. Lateral development at Xantho Extended declined to 390 metres (Q1: 612m). The company completed rehabilitation of a previously reported localised seismic event in the lower levels of Xantho Extended during the quarter. However, a subsequent seismic incident occurred post-quarter end, requiring moderate additional rehabilitation.

To mitigate disruptions, alternative ore sources have been accessed, with high-grade stopes at Xantho Extended now expected to support stronger metal output in H2. 29Metals reaffirmed its full-year 2025 production guidance.

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