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29Metals soars into New Year

METALS producer 29Metals has had a good year with revenue jumping about 38% and earnings increasing 14% on the back of strong commodity prices and production from its flagship Golden Grove polymetallic mine in Western Australia.

paul hunt
29Metals.jpg

29Metals.jpg

The company had earnings before interest, tax, depreciation, and amortisation of $177.3 million and operating cash flow of $75.1 million. Net profit after tax was $121 million and after adjustment was...

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