Cerro de Pasco Resources

Cerro de Pasco Resources (GPPRF) reported a significant turnaround in fiscal year 2025, achieving a net income of $24.6 million compared to a $29.3 million loss in the prior period. This was driven by a $35.9 million gain from the sale of its Santander mine, which eliminated over $70 million in liabilities. The company ended the year with $11.5 million in cash and is now focused on advancing its Quiulacocha Tailings Project, initiating a 40-hole drilling program.