Australia's 29Metals drops as zinc output at Golden Grove sinks

29Metals

15/10/2025 04:47

** Shares of 29Metals 29M.AX down as much as 22.6% at AS$0.41, their lowest level since October 1

** The copper-focused miner's quarterly zinc productionat its Golden Grove mine drops to 2.0 kt from 19.1 kt from prior year

** However, co's quarterly copper production at the Golden Grove mine was 5.8 kt, up from 4.4 kt in prior year

** 11.6 million shares change hands, 2.2x the 30-day average volume

** Stock currently down 21.7%, trimming YTD gains to 69.4%

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))