Business
Interim Results
Interim Results.
About this update from Goldstone Resources Limited
[{"type":"text","content":"\n\n \n30 September 2025\n \nGOLDSTONE RESOURCES LIMITED\n(\"GoldStone\" or the \"Company\")\nInterim Results for the six months ended 30 June 2025\n \nGoldStone Resources Limited (AIM: GRL), the AIM quoted gold exploration and development company focused on bringing the Homase Mine within its Akrokeri-Homase Gold Project (\"AKHM\") in Ghana into production, announces its unaudited interim results for the six-month period ended 30 June 2025 (the \"Period\").\n \nHIGHLIGHTS\n \n• Produced 2,917 ounces of gold to the end of August 2025.\n• Significant infrastructure upgrades, paid from cashflow, have enhanced long-term capacity. \n• Focus on delivering production targets with 48,000 tonnes per month of agglomerated ore delivered to the heap leach pads.\n• Gross profits in the period increased by more than 200% versus H1 FY24, supported by the strong gold price during the period.\n• Liabilities reduced with the successful conversion of the Loan Note on 28 January 2025.\n• Cambell Smyth, who brings over 30 years of experience in fund management, capital markets, and corporate finance, appointed as Interim Chairman.\n \n \nCHIEF EXECUTIVE'S STATEMENT\n \nThe first half of 2025 has been one of steady but determined progress for Goldstone, as we look to build on the operational and financial achievements of H2 2024 and deliver on our near-term production targets. Whilst the past 6 and 12 months have presented challenges for the board and management, I feel tremendous pride when I look at what has been achieved in recent months at Homase, and the continued promise of what can be delivered at both the Homase open pit and the Akrokeri underground mine in the longer term.\n \nPost-period, the Board has seen a change in leadership with Angela List stepping down and Campbell Smyth assuming the role of Interim Chairman. We thank Angela for her efforts during her time as Chair, and welcome Campbell to his expanded role as we continue to execute our strategy.\n \nGold production continued to progress during the period. As announced on 2 September 2025, the Company poured 11.06 kilograms (approximately 355.6 ounces) of gold do...