FilingReader Intelligence

Emerald Resources: Q3 production falls short amid heavy rain, reaffirms growth plans

October 6, 2025 at 07:12 AM UTCBy FilingReader AI

Emerald Resources NL anticipates gold production of circa 22Koz for the September 2025 quarter, below guidance primarily due to heavy rainfall impacting access to high-grade ore. Despite this, the company maintains its FY26 production guidance of 105Koz – 120Koz with an AISC of ~$966/oz, aiming to become a +300Koz per annum gold producer. As of September 30, 2025, cash, bullion, and listed investments totaled A$303.6m.

The growth strategy for CY2026 includes the Okvau Gold Mine underground expansion, development of a second standalone Cambodian operation at the Memot Gold Project, and Emerald's first Australian operation at the Dingo Range Gold Project. The company is fully funded, debt-free, and unhedged to achieve these objectives.

Separately, Emerald Resources NL announced its annual general meeting (AGM) will be held on Friday, November 28, 2025, at 11:00 am (WST). The deadline for director nominations is Thursday, October 16, 2025, by 5:00 pm (WST).

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:EMRAustralian Securities Exchange

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