)
Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
29Metals Limited (29M) investor relations material
29Metals Limited Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary14 Oct, 2025
Executive summary
Safety performance improved, with TRIF at 5.4 (down from 6.3) and zero lost time injuries over the last 12 months.
Golden Grove faced restricted access to high-grade zinc stopes at Xantho Extended due to seismic activity, impacting zinc and precious metals output, while copper production remained solid.
Capricorn Copper operations remain suspended, with significant progress on water inventory reduction and regulatory approvals for tailings storage, positioning for a future restart.
Group priorities include maximizing cash flow, progressing Gossan Valley project, and preparing for a potential Capricorn Copper restart.
Group liquidity at 30 September 2025 was AUD 168 million, supporting ongoing projects and operational flexibility.
Financial highlights
Gross revenue for the quarter was AUD 155 million, up from the prior quarter, driven by higher Golden Grove sales and a lead concentrate sale.
Unaudited cash and cash equivalents at quarter-end were AUD 153 million, with available liquidity of AUD 168 million and net drawn debt at AUD 44 million.
Golden Grove C1 costs rose to US$3.74/lb copper sold (from US$2.09/lb), and AISC increased to US$4.93/lb (from US$3.29/lb), mainly due to higher site costs and a major shutdown.
Site and unit costs increased due to a planned 10-day shutdown and a AUD 24 million stockpile movement charge.
Group unaudited net drawn debt at 30 September 2025 was AUD 44 million, up from AUD 19 million at 30 June 2025.
Outlook and guidance
2025 guidance for zinc and precious metals revised downward due to restricted access at Xantho Extended; copper production guidance unchanged.
Revised 2025 zinc production guidance: 35-40kt (previously 60-70kt); gold: 15-20koz (previously 20-25koz); silver: 700-900koz (previously 750-1,000koz).
Gossan Valley project remains on track for first ore by end of 2026, with box cut excavation commenced and 70% complete.
Exploration spend for 2025 increased to AUD 10–14 million, up from AUD 4 million in the prior year.
Capricorn Copper restart contingent on further water reduction and tailings storage approval, with significant value potential upon restart.
Xantho Extended re-entry plan and timeline?
Next steps for Capricorn Copper restart?
Golden Grove growth options from drilling?
Confidence in Xantho Extended long-term access?
Order of magnitude for Capricorn restart?
Remaining volume on high-cost zinc offtake?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next 29Metals Limited earnings date
Q4 202528 Jan, 2026
Next 29Metals Limited earnings date
Q4 202528 Jan, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
29Metals Limited is a copper-focused base and precious metals mining company with significant operations and exploration assets in Australia and Chile. The company's primary activities involve the exploration, development, and production of copper, alongside other base and precious metals such as zinc, gold, and silver. 29Metals operates two long-life mining assets: the Golden Grove mine located in Western Australia and the Capricorn Copper mine in Queensland, Australia. The company is headquartered in Melbourne, Victoria, Australia, and its shares are listed on the ASX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage