Develop Global Reports Lower June Quarter Copper Equivalent Production
MT Newswires Live
Jul 28
Develop Global (ASX:DVP) said it produced 4,625 tonnes of copper-equivalent from its Woodlawn copper-zinc mine in New South Wales in the June quarter, with sales of 4,547 tonnes of copper-equivalent, according to a Tuesday Australian bourse filing.
It produced 12,689 tonnes of copper equivalent from the mine in the June quarter of 2025, an earlier filing showed.
The company reported quarterly revenue of AU$147 million and a cash balance of AU$123 million as at June 30, with Trafigura debt drawn of AU$112 million and AU$388 million remaining in undrawn facilities.
The company's shares rose 1% in recent Tuesday trade.
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