Record-Breaking Results
The company achieved the best results in 13 years, producing nearly 350,000 ounces of gold and nearly reaching $1 billion in revenue, with EBITDA increasing by 54%.
Significant Resource Addition
The company added 2.8 million ounces of resources, with notable additions in Inmaculada (1 million ounces) and Royropata (1.3 million ounces).
Debt Reduction and Dividend Restoration
The company reduced net debt by $40 million, finishing at $216 million, and reinstated dividends with a policy based on 20%-30% of free cash flow.
Strong Cash Generation
Inmaculada alone generated $192 million in cash, contributing to a strong cash position of $97 million.
M&A and Divestments
Executed acquisition of Monte do Carmo for $60 million and divested three non-core assets, receiving $60 million in cash.
ESG and Operational Efficiency
Maintained world-class ESG performance with a frequency rate of 1 for underground mines and implemented cost efficiency projects across operations.