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Local - May 15, 2026
Padenga eyes strong earnings on
International - May 13, 2026
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InternationalNews
Padenga eyes strong earnings on gold surge
MINER and crocodile farming group Padenga Holdings Limited expects a “robust financial performance” from its mining subsidiary, Dallaglio Investments (Private) Limited, through year-end, supported by elevated global gold prices.
Dallaglio’s revenue rose 30% to US$251,06 million last year, driven by output from its Eureka and Pickstone Peerless mines, as global gold prices surged 61%.
As a result, the mining unit’s contribution to group revenue increased to 94%, up from 86,33% in.
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