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Capricorn Metals Limited (ASX: CMM) delivered a robust fourth quarter for FY25 at its Karlawinda Gold Project (KGP), producing 32,216 ounces of gold and achieving annual output of 117,076 ounces—at the upper end of its guidance. With consistent quarterly growth supported by efficient mining operations and fleet performance, the company stayed on track with cost guidance, projecting AISC between AU$1,370 and AU$1,470 per ounce.
Capricorn ended the June quarter with AU$356.4 million in cash and gold, after significant capital outlays including $10.8 million for expansion projects and a AU$50 million debt repayment. Development at the Mt Gibson Gold Project progressed, notably with the completion of a 400-room camp and procurement milestones. Simultaneously, the Karlawinda Expansion Project advanced through contract renewals, facility upgrades, and regulatory engagements. These developments position Capricorn for a streamlined construction timeline and reduced project risk
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.