MEXC to List StakeStone (STO) to Support Omnichain Liquidity Innovation with 130,000 USDT Airdrop+ Rewards
StakeStone is a cross-chain liquidity infrastructure offering secure, flexible, and high-yield staking solutions through its liquid assets – STONE and SBTC, which are tokenized versions of ETH and BTC. Its scalable architecture integrates with staking pools and is prepared to support future restaking features, creating a multi-chain liquidity market. With a TVL of approximately 600 million USD, StakeStone enables diverse use cases and enhanced yield opportunities. Additionally, the platform has launched LiquidityPad, which allows users to earn rewards by providing liquidity to cross-chain applications, and is expanding its reach through partnerships with Monad and WLFI.
STO is the governance token of StakeStone, allowing users to participate in decision-making and influence key protocol parameters. It empowers users to shape the protocol while earning additional rewards through veSTO staking, liquidity incentives, and bribe markets. As StakeStone continues to expand, STO's role in governance and liquidity allocation will become increasingly valuable.
MEXC has launched an Airdrop + campaign to celebrate the listing of StakeStone (STO) with a total prize pool of 130,000 USDT. Below are the key details of the event:
Event Period: April 3, 2025, 06:00 – April 13, 2025, 10:00 (UTC)
Event 1: Deposit to Share 50,000 USDT (New User Exclusive)
Newly signed-up users and existing users with cumulative deposits below 100 USDT before the event start date are eligible to participate. By completing the relevant tasks during the event period, users can share in the 50,000 USDT prize pool.
Event 2: Spot Challenge - Trade to Share 20,000 USDT (Open to All Users)
During the event, all users can trade STO spot pairs with a minimum valid trading volume of $2,000 to share a 20,000 USDT prize pool, with the reward based on each user's proportion of the total trading volume, up to a maximum of 2,000 USDT. Only spot trades with non-zero fees will be counted towards the trading volume.
Event 3: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses (Open to All Users)
During the event, users who trade any Perpetual Futures pair and rank among the top 2,000 by total trading volume of at least 20,000 USDT will share a 50,000 USDT prize pool in Futures bonuses, with each user able to receive up to 5,000 USDT, and a minimum reward of 10 USDT.
Event 4: Invite New Users & Share 10,000 USDT (Open to All Users)
Existing users can invite friends to sign up on MEXC using their referral code to share a 10,000 USDT reward pool. Once the new user completes any task from Event 1, the referrer will receive 20 USDT, with each referrer eligible to earn up to 400 USDT on a first-come, first-served basis.
The listing of StakeStone (STO) underscores MEXC's ongoing commitment to offering users a diverse range of investment assets, expanding its product offerings, and enhancing the overall trading experience. By consistently providing early access to promising Web3 projects, MEXC has solidified its position as an industry leader. According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings (461) and the fastest listing speed. Additionally, the exchange consistently adds new tokens on a bi-weekly basis, showcasing its exceptional ability to capture market trends quickly.
Looking ahead, MEXC will remain user-centric, driving innovation and expanding its offerings to deliver the best opportunities in the ever-evolving crypto landscape.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being 'Your Easiest Way to Crypto.' Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Contact:
Lucia Hu
Disclaimer: This press release is provided by the MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
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Caledonia Mining Corporation Plc: Results for the Quarter ended June 30, 2025
Details of Management Conference Call Strong Performance Driven by Record Q2 Production and Higher Gold Prices ST HELIER, Jersey, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ('Caledonia' or 'the Company') (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces its operating and financial results for the quarter ended June 30, 2025 ('Q2 2025' or the 'Quarter'). Further information on the financial and operating results for the Quarter can be found in the Management Discussion and Analysis ('MD&A') and the unaudited condensed consolidated interim financial statements, which are available on the Company's website and are being filed on SEDAR+. Q2 2025 HIGHLIGHTS Financial Highlights: Gold revenue of $65.0 million (second quarter of 2024 ('Q2 2024'): $50.1 million, +30%) Gross profit of $33.8 million (Q2 2024: $22.9 million, +48%) EBITDA of $39.5 million (including one off profit on sale of solar plant in April 2025 of $8.5m) (Q2 2024: $20.4 million, +94%) Net profit attributable to shareholders of the Company of $20.5 million (Q2 2024: $8.3 million, +147%) Adjusted EPS of 113.9 cents (Q2 2024: 44.6 cents, +155%) Net cash from operating activities of $28.1 million (Q2 2024: $19.1 million, +47%) Net cash position (including fixed term deposits) improved to $26.2 million (Q2 2024: negative $1.4 million) A dividend of 14 cents per share was declared today, August 11, 2025 Completion of the solar plant sale (through the sale of the Zimbabwe subsidiary owning the plant) to CrossBoundary Energy Holdings for $22.35 million which was paid in cash Operational Highlights: Production at Blanket Mine of 21,070 ounces (Q2 2024: 20,773 ounces, +1.4%) Production guidance at Blanket Mine for 2025 increased to 75,500 - 79,500 ounces of gold On-mine cost per ounce of $1,123 (Q2 2024: $1,013, +10.9%) All-in sustaining cost ('AISC') per ounce of $1,805 (Q2 2024: $1,485, +21.5%) Average realised gold price of $3,188 per ounce (Q2 2024: $2,302, +38.5%) Continued progress on Bilboes feasibility study and Motapa exploration programme Continued exploration at Blanket to upgrade inferred resources and explore new areas within the mining lease area. Mark Learmonth, Chief Executive Officer, commented: 'Caledonia has delivered another strong quarter, highlighted by record second-quarter gold production at Blanket and a substantial increase in profitability, reflecting strong operational performance and a higher gold price environment. I would like to thank the team for their hard work and contribution. 'The successful sale of our solar plant in April has strengthened our balance sheet and ensures a reliable, long-term renewable energy supply for Blanket Mine. 'Our ongoing drilling campaign at Blanket Mine continues to demonstrate encouraging results, further improving our confidence in the mineral resource and pointing to additional future mineral resource growth. The grades and widths we are seeing from this drilling campaign are as good as and, in some cases, considerably better than results from previous drilling campaigns. 'We are encouraged by the progress on the Bilboes feasibility study, and we continue to evaluate opportunities that could materially improve project economics. At the same time, our exploration programme at Motapa is advancing well, with a clear focus on identifying both sulphide and oxide resources that could support near-term production and longer-term growth. 'Looking ahead, we remain focused on delivering our increased production guidance at Blanket, and advancing our growth pipeline in a way that maximises long-term value for shareholders. With a strong operational base and a clear strategic roadmap, Caledonia is well positioned to continue building on this positive momentum.' Revenue and Profit Revenue for the Quarter was $65.0 million, a 30% increase from $50.1 million in Q2 2024. This improvement was driven by higher gold prices and slightly higher production. Gross profit increased to $33.8 million (Q2 2024: $22.9 million). Net profit attributable to shareholders of the Company more than doubled to $20.5 million (Q2 2024: $8.3 million), while adjusted EPS rose to 113.9 cents from 44.6 cents in Q2 2024. Costs Consolidated on-mine cost per ounce increased by 10.9% to $1,123 (Q2 2024: $1,013), primarily due to higher labour and consumables costs at Blanket Mine. Labour costs increased due to a higher headcount, inflationary salary increases, bonuses paid for higher production, and overtime worked. Consumable costs per ounce at Blanket increased due to higher repair and maintenance activities at the metallurgical plant and on underground trackless mining machinery in the Quarter. Consolidated AISC rose to $1,805 per ounce (Q2 2024: $1,485); this was as expected due to higher on-mine costs and increased sustaining capital expenditure (as planned). Full year sustaining capital expenditure remains on target. Cash Generation During the half year ended 30 June 2025, Caledonia generated operating cash inflows of $41.3 million (Q2 2025: $28.1 million), driven by higher production at Blanket and a favourable gold price environment. An additional $22.35 million (pre-tax) was received in the Quarter from the sale of the solar plant, further strengthening the group's cash position. This strong cash generation supported continued investment in strategic growth. The group invested $17.7 million during the half year (Q2 2025: $10.5 million) in property, plant, and equipment on key infrastructure at Blanket. A further $3.1 million during the half year (Q2 2025: $1.8 million) was allocated to exploration and evaluation activities, primarily at Bilboes and Motapa. To optimise short-term returns and strengthen the balance sheet, $18.0 million was placed into fixed-term deposits during the Quarter. Financing activities had a net outflow of $6.0 million during the half year (Q2 2025: $6.9 million), with three key drivers being net proceeds from loans and bond issuance for supporting capital projects making a positive contribution of $3.2 million (Q2 2025: $0.8 million) and an outflow of $9.0 million (Q2 2025: $7.6 million) returned to Caledonia and Blanket minority shareholders through dividends. Additionally, $0.1 million (Q2 2025: $0.1 million) paid lease liabilities in the period. As a result of all the key movements above, cash and cash equivalents increased by $16.9 million during the half year (Q2 2025: $12.8 million) to $8.2 million. This reflects Caledonia's prudent treasury management and balanced approach to deploying capital for both growth and shareholder returns. OPERATIONAL REVIEW Blanket Mine Blanket Mine produced 21,070 ounces of gold in Q2 2025, a 1.4% increase from 20,773 ounces in Q2 2024. The increase was due to higher grades and better plant recoveries. As announced on July 16, 2025, Blanket's annual production guidance for 2025 was increased to 75,500 - 79,500 ounces, reflecting a strong operational performance. The plant recovery rate in the Quarter was 94.4%, which represents a new record. The improved recovery was due to the introduction of an additional tank in the carbon-in-leach circuit, closer attention to dosage levels of reagents and improved process controls. The improved recovery rate in the Quarter compared to the average recovery of 93.6% in 2024 resulted in approximately 175 ounces of additional gold production in the Quarter. In the absence of unforeseen changes to the ore feed grade or mineralogy, it is anticipated that the recovery rate achieved in the Quarter can be sustained. The metallurgical team at Blanket continues to evaluate opportunities to achieve further improvements in recovery. Exploration at Blanket is ongoing with encouraging high grade results. The programme is aimed at evaluating the continuity of the mineralised zones on the Blanket, Eroica and Lima orebodies (which comprise three of the main orebodies at Blanket Mine). The objectives of the programme are to increase the confidence levels of the existing mineral resource and to grow the mineral resource estimate below the 34 level (1,110 metres) of the mine. Results from 6,976 metres of underground drilling from January 2024 to the end of April 2025 indicate that the existing Blanket and Eroica orebodies have grades and widths which are generally better than expected, while the Lima orebody is shown to continue below 22 level (750 metres). A new potential orebody has been intersected in the Blanket orebody area of the mine, with impressive grades and widths. Solar Plant Sale Summary On 11 April, 2025, Caledonia sold its Zimbabwe subsidiary, Caledonia Mining Services (Private) Limited ('CMS'), to CrossBoundary Energy Holdings for $22.35 million in cash. CMS owns the 12.2MWac solar plant powering Blanket Mine, which will continue supplying energy under an exclusive agreement. Bilboes Project The feasibility study for the Bilboes sulphide project is progressing well and we continue to evaluate new opportunities which may enhance the economics of the project and the potential for near-term, low capital revenue opportunities elsewhere in Caledonia's asset portfolio to contribute to funding the Bilboes project. In the Quarter, 372 ounces of gold were produced from the Bilboes oxide mine. Motapa Exploration After the encouraging results from the 2024 exploration programme, a $2.8 million exploration programme is underway at Motapa for 2025, targeting sulphide and oxide resources across the Motapa property. With Motapa's location adjacent to Bilboes, significant synergies could be obtained should a viable resource be identified through the planned exploration programme. To the end of June 2025, a total of 1,788 meters of diamond drilling and 9,638 meters of reverse circulation drilling has been completed. A full overview of activities and results are expected to be provided during the second half of 2025. LEADERSHIP CHANGES Mr. Johan Holtzhausen retired from the Board and as chair of the Audit Committee in May 2025. Ms. Tariro Gadzikwa was appointed as chair of the Audit Committee. REPORTING CHANGES Caledonia will no longer publish financial statements and management's discussion and analysis (MD&A) reports on a quarterly basis in accordance with Canadian securities regulations. This decision aligns with applicable exemptions under Canadian securities regulations, including National Instrument 71-102 – Continuous Disclosure and Other Exemptions Relating to Foreign Issuers, and reflects our status as an SEC foreign issuer with equivalent disclosure obligations outside Canada. We remain fully committed to transparent and timely disclosure of material information through the publication of our annual and half-yearly financial statements and via recognised regulatory channels, and, going forwards, we anticipate publishing revenue, costs and production results for the quarters for which we do not release detailed financial results (namely, the first and third quarters). This change does not affect our obligation to disclose any significant developments or risks that may materially impact the group's financial position or performance. We will continue to provide comprehensive MD&A commentary as part of our annual and semiannual reporting cycle. OUTLOOK AND GUIDANCE Blanket is on track to achieve production within its updated guidance range of 75,500 to 79,500 ounces1 for 2025, while continuing to modernise operations and improve mining and operational cost efficiencies. Further exploration is being undertaken at Blanket, aiming to upgrade existing inferred mineral resources to measured and indicated categories, with the goal of extending the mine's life. In addition, exploration is ongoing in target areas outside the current mine footprint within the Blanket mining lease area. Work continues on the feasibility study for the Bilboes sulphide project, including the assessment of new factors that may enhance the project's economics. At Motapa, exploration efforts are progressing through a $2.8 million programme focused on both oxide and sulphide resources. INVESTOR CONFERENCE CALL Details of Investor and Analyst Presentation Conference Call Details A presentation for investors and analysts will be held as follows: When: August 13, 2025 at 2:00pm London time Topic: Q2 2025 Results Call for Investors Register in advance for this webinar: ________________________ 1 Refer to the technical report entitled "NI 43-101 Technical Report on the Blanket Gold Mine, Zimbabwe" with effective date December 31, 2023 prepared by Caledonia Mining Corporation Plc and filed by the Company on SEDAR+ ( on May 15, 2024. Craig James Harvey, MGSSA, MAIG, Caledonia Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this news release. Craig James Harvey is a "Qualified Person" as defined by each of (i) the Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects and (ii) sub-part 1300 of Regulation S-K of the U.S. Securities Act. Enquiries: Caledonia Mining Corporation Plc Mark Learmonth Tel: +44 1534 679 800 Camilla Horsfall Tel: +44 7817 841 793 Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden Tel: +44 207 397 1965 Pearl Kellie Tel: +44 131 220 9775 Panmure Liberum (Joint Broker) Scott Mathieson Tel: +44 20 3100 2000 Camarco, Financial PR/ IR (UK) Gordon Poole Tel: +44 20 3757 4980 Elfie Kent Fergus Young 3PPB (Financial PR, North America) Patrick Chidley Tel: +1 917 991 7701 Paul Durham Tel: +1 203 940 2538 Curate Public Relations (Zimbabwe) Debra Tatenda Tel: +263 77802131 IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa Tel: +263 (242) 745 119/33/39 This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (EU) No. 596/2014 ('MAR') as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Cautionary Note Concerning Forward-Looking Information Information and statements contained in this news release that are not historical facts are "forward-looking information" within the meaning of applicable securities legislation that involve risks and uncertainties relating, but not limited to Caledonia's current expectations, intentions, plans, and beliefs. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "target", "intend", "estimate", "could", "should", "may" and "will" or the negative of these terms or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Examples of forward-looking information in this news release include: production guidance, expected recovery rates, our plans and timing regarding further exploration and drilling and development, future costs, the development of Bilboes and Motapa, the amount and funding of capital costs and the publication of the Bilboes feasibility study. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information. Such factors and assumptions include, but are not limited to: failure to establish estimated resources and reserves, the grade and recovery of ore which is mined varying from estimates, success of future exploration and drilling programs, reliability of drilling, sampling and assay data, assumptions regarding the representativeness of mineralization being inaccurate, success of planned metallurgical test-work, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and other factors. Security holders, potential security holders and other prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Such factors include, but are not limited to: risks relating to estimates of mineral reserves and mineral resources proving to be inaccurate, fluctuations in gold price, risks and hazards associated with the business of mineral exploration, development and mining, risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards, employee relations; relationships with and claims by local communities and indigenous populations; political risk; risks related to natural disasters, terrorism, civil unrest, public health concerns (including health epidemics or outbreaks of communicable diseases such as the coronavirus (COVID-19)); availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining or maintaining necessary licenses and permits, diminishing quantities or grades of mineral reserves as mining occurs; global financial condition, the actual results of current exploration activities, changes to conclusions of economic evaluations, and changes in project parameters to deal with unanticipated economic or other factors, risks of increased capital and operating costs, environmental, safety or regulatory risks, expropriation, the Company's title to properties including ownership thereof, increased competition in the mining industry for properties, equipment, qualified personnel and their costs, risks relating to the uncertainty of timing of events including targeted production rate increase and currency fluctuations, risks related to potentially being unable to remedy the deficiency in control over accounting for deferred tax liabilities and risks related to potentially being unable to prevent financial statements misstatements in the future. Security holders, potential security holders and other prospective investors are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Caledonia undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. This news release is not an offer of the shares of Caledonia for sale in the United States or elsewhere. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the shares of Caledonia, in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such province, state or jurisdiction. Consolidated statements of profit or loss and other comprehensive income(in thousands of United States Dollars, unless indicated otherwise) For the Six months ended June 30 Six months endedJune 30 Unaudited 2025 2024 2025 2024 Restated* Restated* Revenue 65,309 50,107 121,487 88,635 Royalty (3,507 ) (2,475 ) (6,278 ) (4,409 ) Production costs (23,954 ) (20,460 ) (46,576 ) (39,420 ) Depreciation (4,042 ) (4,239 ) (7,901 ) (8,058 ) Gross profit 33,806 22,933 60,732 36,748 Net foreign exchange loss (1,026 ) (2,182 ) (2,278 ) (7,064 ) Administrative expenses (4,363 ) (3,664 ) (8,961 ) (6,275 ) Fair value loss on derivative financial instrument - (174 ) (1,592 ) (476 ) Equity-settled share-based expense (226 ) (305 ) (82 ) (506 ) Cash-settled share-based (expense) / credit (285 ) (4 ) (443 ) (57 ) Other expenses (1,103 ) (664 ) (1,946 ) (1,264 ) Other income 75 185 141 349 Profit on the sale of non-current assets held for sale 8,540 - 8,540 - Operating profit 35,418 16,125 54,111 21,455 Finance income 121 3 127 9 Finance cost (602 ) (797 ) (1,502 ) (1,529 ) Profit before tax 34,937 15,331 52,736 19,935 Tax expense (11,341 ) (5,151 ) (17,977 ) (7,681 ) Profit for the period 23,596 10,180 34,759 12,254 Other comprehensive income Exchange differences on translation of foreign operations 239 178 446 34 Total comprehensive income for the period 23,835 10,358 35,205 12,288 Profit attributable to: Owners of the Company 20,487 8,283 29,402 9,769 Non-controlling interests 3,109 1,897 5,357 2,485 Profit for the period 23,596 10,180 34,759 12,254 Total comprehensive income attributable to: Owners of the Company 20,726 8,461 29,848 9,803 Non-controlling interests 3,109 1,897 5,357 2,485 Total comprehensive income for the period 23,835 10,358 35,205 12,288 Earnings per share Basic earnings per share (cents) 105.7 41.6 150.3 48.9 Diluted earnings per share (cents) 105.7 41.6 150.3 48.9 Adjusted earnings per share Basic earnings per share (cents) 113.9 44.6 172.4 54.2 Dividends per share (cents) 14.0 14.0 28.0 28.0 * Refer to note Consolidated Statements of Financial Position (in thousands of United States Dollars, unless indicated otherwise) Unaudited Jun 30 Dec 31 Dec 31 As at 2025 2024 2023 *Restated Total non-current assets 300,646 287,046 274,074 Income tax receivable 106 355 1,120 Inventories 29,528 23,768 20,304 Derivative financial assets - - 88 Trade and other receivables 9,364 12,675 9,952 Prepayments 11,663 6,748 2,538 Fixed term deposit 18,000 - - Cash and cash equivalents 19,860 4,260 6,708 Assets held for sale - 13,512 13,519 Total assets 389,167 348,364 328,303 Total non-current liabilities 73,741 68,505 63,970 Cash-settled share-based payment 751 634 920 Income tax payable 9,122 2,958 10 Lease liabilities 278 95 167 Loans and borrowings 1,741 1,174 - Loan note instruments 1,093 855 665 Trade and other payables 29,137 26,647 20,503 Overdrafts 11,649 12,928 17,740 Liabilities associated with assets held for sale - 104 128 Total liabilities 127,512 113,900 104,103 Total equity 261,655 234,464 224,200 Total equity and liabilities 389,167 348,364 328,303 Consolidated statements of cash flows(in thousands of United States Dollars, unless indicated otherwise) Unaudited Three months ended June 30, Six months ended June 30, 2025 2024 2025 2024 Cash inflow from operations 34,111 20,988 52,668 27,523 Interest received 11 3 17 9 Finance costs paid (623 ) (710 ) (1,166 ) (1,283 ) Tax paid (5,415 ) (1,195 ) (10,246 ) (2,276 ) Net cash inflow from operating activities 28,084 19,086 41,273 23,973 Cash flows used in investing activities Acquisition of property, plant and equipment (10,511 ) (6,897 ) (17,761 ) (10,638 ) Expenditure on exploration and evaluation assets (1,831 ) (733 ) (3,060 ) (1,163 ) Proceeds from sale of non-current asset held for sale (net of selling costs) 21,966 - 21,966 - Proceeds from the sale of property plant and equipment 17 - 17 - Acquisition of put options - (168 ) (1,592 ) (408 ) Investment in fixed term deposits (18,000 ) - (18,000 ) - Net cash used in investing activities (8,359 ) (7,798 ) (18,430 ) (12,209 ) Cash flows from financing activities Dividends paid (7,606 ) (2,912 ) (8,993 ) (5,632 ) Payment of lease liabilities (104 ) (38 ) (133 ) (75 ) Proceeds from loans and borrowings 1,259 2,032 1,259 2,032 Repayments of loans and borrowings (472 ) - (472 ) - Bonds - solar bond issue receipts (net of transaction cost) - 1,939 2,387 1,939 Net cash (used in) / from financing activities (6,923 ) 1,021 (5,952 ) (1,736 ) Net increase in cash and cash equivalents 12,802 12,309 16,891 10,028 Effect of exchange rate fluctuations on cash and cash equivalents (19 ) 485 (12 ) (362 ) Net cash and cash equivalents at the beginning of the period (4,572 ) (14,160 ) (8,668 ) (11,032 ) Net cash and cash equivalents at the end of the period 8,211 (1,366 ) 8,211 (1,366 ) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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By News Desk Published on August 11, 2025, 08:16 IST Bitcoin (BTC) continued its record-breaking rally, hitting a fresh all-time high of $121,789.58 in the past 24 hours. The world's largest cryptocurrency saw a sharp upward move, gaining $4,692.55 or 4.01% over the previous day to trade around $121,716.80 at last check. The 24-hour trading range for BTC was between $117,024.25 and $121,789.58, with a robust trading volume of over 18,924 BTC, equivalent to $2.25 billion in USDT value. The surge in Bitcoin's price comes amid renewed investor interest and heightened trading activity, pushing the digital asset to levels never seen before. Market sentiment appears buoyant, with several major altcoins also posting gains over the past day. Top cryptocurrencies in the past 24 hours BNB : $825.51, up 2.23% BTC : $121,682.84, up 3.95% ETH : $4,312.70, up 1.43% SOL : $184.80, up 0.87% XRP : $3.27, up 0.99% DOGE : $0.24055, up 0.50% PEPE : $0.000012, unchanged at 0.00% LINK : $22.15, up 4.09% ENA : $0.8301, up 12.53% LTC: $125.56, up 3.50% Among the top movers, ENA led the gains with a double-digit rise of 12.53%, followed by LINK at 4.09% and BTC's nearly 4% surge. The overall market trend remained positive, suggesting a strong bullish momentum across the crypto sector. Disclaimer: Cryptocurrency investments are subject to high market risks and volatility. The above information is for news reporting purposes only and does not constitute investment advice. Ahmedabad Plane Crash News desk at
