
Financial Performance - The company reported revenue of $451.7 million in Q2 2025, compared to $297.1 million in Q2 2024 [26] - Adjusted net earnings were $90.1 million in Q2 2025, up from $66.6 million in Q2 2024 [26] - Cash and cash equivalents stood at $1.08 billion as of June 30, 2025 [26, 29] - Free cash flow excluding Skouries investment was $61.5 million in Q2 2025, compared to $33.9 million in Q2 2024 [26] Operational Highlights - Total gold production for Q2 2025 was 133,769 ounces [18, 26] - The company maintains its full-year production guidance [4, 18] - Olympias gold production increased by 35% compared to Q1 2025 [49] - Kışladağ celebrated the production of its four millionth ounce of gold in May 2025 [54] Skouries Project - Construction project capital invested in Skouries since restart to June 30, 2025, reached $705.7 million [39] - The company expects first production from Skouries in Q1 2026 and commercial production in mid-2026 [33] - The company expects $400 to $450 million capital expected for Skouries in 2025, in addition to $80 to $100 million in accelerated operational capital [39]