Black Cat Syndicate (ASX:BC8) has reported a strong December 2025 quarter, achieving a milestone 100,000ozpa gold production run rate.
The company recorded a total of 25,437oz of gold, including third-party ore contributions, with Paulsens and Kal East operations showing production increases of ~20% and ~26% quarter-on-quarter, respectively.
Gold sales for the quarter totaled 17,485oz at an average realised price of $6,325/oz, generating over $110 million in revenue.
Cash, bullion, and listed investments remained robust at $91 million, despite the final $25 million payment for the 1.2Mtpa Lakewood processing facility and ongoing investment in mine ramp-ups and exploration.
Stored bullion totaled 4,820oz, valued at approximately $31.3 million, with listed investments at $5.5 million.