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CMHC releases results for first quarter of 2025

  • Monument Mining Limited announced its operational and financial outcomes for the third quarter of fiscal year 2025, highlighting activities at its wholly owned Selinsing operation in Malaysia and its Australian mining assets in the Murchison region.
  • The company completed cutback activities and stage 6 embankment construction, then shifted focus to stage 7 while planning geotechnical investigations and ongoing plant optimizations.
  • During the third quarter of FY 2025, the sulphide flotation facility recovered 9,543 ounces of gold, achieving an enhanced recovery rate of 88.2% while processing 191,664 tonnes of ore. This was accomplished despite an 8% reduction in ore extraction aimed at controlling stockpile levels and optimizing production costs.
  • The company generated $19.85 million in revenue from gold sales, reducing cash costs to $874/oz and increasing net cash from operations by $5.12 million compared to Q3 FY 2024.
  • Monument’s drilling and exploration activities aim to expand resources and extend mine life while maintaining infrastructure and engaging local Aboriginal groups for potential production restart support.
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Trans Mountain Corporation Releases First Quarter 2025 Financial Results

CALGARY, Alberta, May 30, 2025 (GLOBE NEWSWIRE) -- Trans Mountain Corporation (“TMC” or “the Company”) has released its financial statements and associated management report for the three months ending March 31, 2025. The Company’s financial results are also included in…

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Green Stock News broke the news in on Thursday, May 29, 2025.
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