Browsing: Mozambique mining

1 Fabergé meets the criteria to be classified as a disposal group held for sale as at 30 June 2025 under IFRS 5 ‘Noncurrent Assets Held for Sale and Discontinued Operations’. Accordingly, its results are presented as part of discontinued operations and have been removed from financial and operating results. 2Earnings before interest, taxation, depreciation and amortisation, adjusted to exclude one-off impairments made to the Group’s noncurrent assets, inventory, fair value gains or losses on the Group’s non-core equity investments, share based payments, other impairments and provisions. 3 Dividend paid in the period (USD 10 million dividend paid in June 2024 rounded to two decimal points).

Construction of MRM’s second processing plant (or “PP2”), designed to triple MRM’s ore processing capacity from 200tph to 600tph, is 95% complete and materially on budget. PP2 is now expected to produce its first rubies during August 2025 courtesy of the plant’s core components. Final completion of PP2, including the tailings belt conveyor and decanter centrifuge, is now expected to occur during September 2025