29metals Ltd. (AU:29M) has released an update.
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29Metals Ltd. reported a mixed performance for the September 2024 quarter, with copper production at Golden Grove declining to 4.4kt, while zinc production increased to 19.1kt. The company generated $42 million in operating cash flow and $26 million in free cash flow, maintaining liquidity with $104 million available by the end of September. Despite challenges, the firm remains focused on environmental strategies and water management at Capricorn Copper.
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