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IN BRIEF: Celsius Resources narrows loss, plans segment disposals

29th Sep 2025 14:33

Celsius Resources - Perth-based mining firm targeting gold and copper - Says pretax loss narrowed to AUD35,716 in the six months ended June 30 from AUD58,173 a year earlier. Books AUD795 in other income, up from AUD647 the previous year, but revenue is unchanged with none reported in the first half. Books AUD4.4 million cash at bank and in hand as of June 30, up from AUD1.6 million on-year. Also notes plans to sell the Opuwo segment "within the next 12 months, following a strategic decision to place greater focus on the group's key assets in the Philippines." Assets associated with Opuwo Cobalt Group, View Nickel Pty Ltd and Cullarin Metals Pty Ltd were reclassified as held for sale at June 30, 2024.

Current share price: AUD0.010, closed 9.1% lower on Monday in Sydney

12-month change: none

By Holly Munks, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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