Business
Final Results and publication of Annual Report
Kazera Global plc has released its final results for the year ended 30 June 2025, reporting a loss for the year of £4.18 million, an increase from the previous year's loss of £2.92 million, with basic and diluted loss per share at (0.42) pence. The company's cash position at year-end was £155k, up from £61k in 2024, following post-period fundraising of £1.3 million in November 2025 and a further £0.26 million in December 2025. Significant operational progress was made at the WHM Heavy Mineral Sands project, including receiving an NNR permit and securing a US$600,000 offtake prepayment, and at the DBM Diamond Project, with improved processing capacity and diamond recovery rates. The company also won a US$11.9 million arbitration ruling related to the Aftan Tantalum and Lithium Project. Disclaimer*
About this update from Kazera Global Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the \"UK MAR\") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. \n \n12 December 2025\nKazera Global plc\n(\"Kazera\" or the \"Company\")\n \nFinal Results and publication of Annual Report\n \nKazera Global plc (AIM: KZG), the investment company focused on heavy mineral sands (\"HMS\") and diamond production in South Africa, is pleased to announce Final Results for the year ended 30 June 2025 and the publication of its Annual Report, which is available on the Company's website and will be posted to shareholders in the coming days.\n \nDennis Edmonds, CEO of Kazera Global plc, commented: \"This has been a year defined by delivery. Just three years after the granting of the Walviskop mining right, our core projects are now converting into commercial output, stronger production capability and clear visibility of future revenues. Both WHM and DBM achieved major operational milestones, 2A progressed significantly, and we secured a successful arbitration award for Aftan. With a strengthened shareholder base, strict financial discipline and the successful post-period fundraise, we now enter the new year with the confidence, momentum and operational foundations required to scale into sustained, profitable production.\"\n \nHIGHLIGHTS\nWHM HMS Project\n· August 2024: National Nuclear Regulator (\"NNR\") permit received and inspection completed, allowing commencement of mining and production of HMS samples for potential off takers.\n· October 2024: Applied for Mining Right for 2A, for an initial mining area approximately 34 times larger than existing Walviskop project.\n· November 2024: Environmental Authorisation granted for 2A concession.\n· December 2024: Entered into an offtake agreement including a US$600,000 prepayment; commercial production of HMS progressing.\n· April 2025: First production of 10,000 ...