Austral Gold Reports US$14.7M Profit, 15,392 GEOs Production in FY25
Austral Gold reopened Casposo Mine, delivering 4,283 GEOs in Q4 for total FY25 production of 15,392 GEOs and achieved a net profit after tax of US$14.7 million versus a US$27.1 million loss in FY24. Operating cash flow rose to US$9.3 million and cash balances reached US$10.5 million.
1. FY25 Production and Casposo Reopening
Austral Gold recommissioned the Casposo Mine in Argentina during FY25, contributing 4,283 gold equivalent ounces (GEOs) in Q4. Combined with 11,109 GEOs from the Guanaco Mine Complex in Chile, total annual production reached 15,392 GEOs.
2. Financial Performance and Cash Flows
The company recorded a net profit after tax of US$14.7 million compared with a US$27.1 million loss in FY24, marking its first profit since FY20. Net cash generated from operations was US$9.3 million, cash and equivalents increased to US$10.5 million, while financial debt remained at US$26.6 million (net debt US$16.0 million).
3. Post-Year End Capital and Investments
After year‐end, Austral Gold sold 6,588,761 Unico Silver shares for US$4.7 million and used US$2.7 million to exercise 15 million options at A$0.26 each. A private placement closed in February 2026 raising A$8.456 million to support ongoing production and exploration activities.