By: Creamer media

This was lower than the 619 374 ct produced in the quarter ended June 30, but higher than the 567 221 ct produced in the quarter ended September 30, 2024

“As mentioned in our full-year 2025 financial results announcement on October 17, this quarter we have been focused on the continued execution of our updated business plan. Our product mix has continued to improve, especially for Cullinan mine, as evidenced by the results of our first two tenders of the 2026 financial year.

"The tenders delivered $52-million in revenue, with average prices increasing by 53% over the fourth quarter of the 2025 financial year, with product mix contributing 61%, but partially offset by an 8% decrease in like-for-like prices," joint interim CEOs Vivek Gadodia and Juan Kemp comment.

They further note that the Cullinan mine faced some productivity issues in the early part of the September quarter as it transitioned from a continuous operation to a new three-shift configuration, but say this has since begun to stabilise.

"Finsch had a steady production quarter as we continue to open up new parts of the orebody," they add.