Business
BOTX: Botnia achieved first gold revenues but posted a Q1 net loss amid production ramp-up
BOTX: Botnia achieved first gold revenues but posted a Q1 net loss amid production ramp-up
About this update from Botnia Gold Ab
Net sales reached KSEK 11,309 in Q1 2025 as Botnia transitioned to gold production, but start-up costs led to a net loss of KSEK 10,028. Fäbodtjärn mine ramped up as planned, with strong gold grades and recovery rates. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.