Dividend
- The proposed final dividend in respect of the year ending 31 December 2025 is 5.00 US$ cents per share (2024: US$1.94).
Other Financial Highglights
- Cash from financing activities increased from an outflow of $34.8 million to an inflow of $27.6 million in 2025, primarily due to: the $275.0 million final settlement of the former $300m medium-term facility in 2024; the draw-down of $90.0 million from the existing $300.0 million medium-term loan facility (2024: $30m draw-down); a net increase of $135.0 million in short and medium-term bank loans (2024: net increase of $80.0 million in short-term loans); and the net proceeds from Tiernan´s capital raise of $40.0 million (net of agent fees and transaction costs).
- These effects were partially offset by: the full repayment of the $200.0 medium-term facility (2024: $140 million draw-down); the payment for the execution of the buy-down option related to the Sprott stream agreements on the Monte do Carmo project of $13.0 million in 2025; and payments of dividends to shareholders of $15.2 million (2024: $nil).
