Aurum Resources (AUE) H2 2026 earnings summary

Executive summary

• Achieved significant progress in building a multi-asset gold business in Côte d'Ivoire, with first gold production at Boundiali targeted for H1 2028.

• Boundiali Mineral Resource Estimate (MRE) increased to 3.22Moz in May 2026, with a 24% uplift in Indicated Resources.

• Delivered a Pre-Feasibility Study (PFS) for Boundiali, confirming robust technical and financial metrics.

• Napié Project resource grew to 1.16Moz, with further drilling planned.

• Strengthened balance sheet through capital raisings and asset sales, ending with ~$95 million cash.

Financial highlights

• Cash and cash equivalents at 30 June 2026: $54.8 million, up from $8.6 million in 2025.

• Net assets increased to $132.6 million from $57.7 million year-over-year.

• Other income rose to $12.0 million (2025: $0.6 million), mainly from asset sales.

• Net loss after tax reduced to $4.4 million from $8.0 million in 2025.

• No dividend declared for the year.

Outlook and guidance

• Focus remains on advancing Boundiali towards development and unlocking further value at Napié.

• Definitive Feasibility Study (DFS) for Boundiali on track for Q4 CY2026, with first gold targeted in H1 2028.

• Fully funded for upcoming drilling, feasibility, and development activities.