Emerald Resources has delivered a strong March 2026 quarter, with record cash flow from Okvau and steady progress across its next gold projects.
The company produced 26,269 ounces of gold from the Okvau Gold Mine in Cambodia. This helped generate record quarterly pre-tax operating cash flow of A$143.0 million. Emerald ended the quarter debt-free, unhedged and with a strong cash and investment position. Its next key projects are Dingo Range in Western Australia and Memot in Cambodia.
The company maintained FY26 production guidance of 105,000 to 120,000 ounces, although output is expected towards the lower end of that range. March quarter all-in sustaining costs were US$897 per ounce, showing Okvau remains an important source of margin and funding.
At Dingo Range, Emerald reported high-grade gold results from Boundary and Freeman’s Find. These results support the company’s plan to develop Dingo Range as a standalone mining and processing operation in Australia. In Cambodia, work at Memot is focused on improving confidence in early mining areas and supporting future reserve work. Emerald is also drilling at Okvau to test possible open pit and underground extensions.
CQS Natural Resources Growth and Income plc (LON:CYN) is a closed end UK investment trust providing shareholders with capital growth and income from a portfolio of mining and resource equities and mining, resource, industrial and other fixed interest securities.
