Develop Global Says New South Wales Copper-Zinc Mine Concentrate Sale Brings in AU$19.7 Million in September Quarter, Shares Fall 4%

MT Newswires Live

2025/10/28

Develop Global (ASX:DVP) said that its revenue for the September quarter from concentrate sales from the Woodlawn copper-zinc mine in New South Wales came in at AU$19.7 million, from 7,962 tonnes of Woodlawn concentrate, according to a Tuesday Australian bourse filing.

Site commissioning at the mine is proceeding according to plan, and the ramp-up is in line with the project schedule, per the filing.

Around 130,126 tonnes of development and stope ore were mined for the quarter, increasing 22% from the preceding quarter. Mining ramp-up to steady-state is on track for the March 2026 quarter. The mine is forecasted to hit its nameplate capacity of 850,000 tonnes-per-annum in the March 2026 quarter.

The firm's mining services agreement with Bellevue Gold was extended by seven months, with the extension contract value of around AU$130 million.

The firm's shares fell 4% in recent trading on Tuesday.

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Mining ramp-up to steady-state is on track for the March 2026 quarter. The mine is forecasted to hit its nameplate capacity of 850,000 tonnes-per-annum in the March 2026 quarter.</p><p>The firm's mining services agreement with <a href=\"https://laohu8.com/S/BELGF\">Bellevue Gold</a> was extended by seven months, with the extension contract value of around AU$130 million.</p><p>The firm's shares fell 4% in recent trading on Tuesday.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DVP.AU","symbol_name":"Develop Global Ltd","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2578106670","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578106670","pubTimestamp":1761608427,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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