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Hycroft Mining Holding Ended Q2 With $98.8M Cash

Benzinga·07/31/2025 11:18:05
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Second Quarter 2025 HIGHLIGHTS

Corporate Highlights

  • Safety: The Nevada Mining Association ("NVMA") awarded Hycroft the 2025 first place NVMA Operator Safety Award for small surface mines. Hycroft has maintained a 0.00 TRIFR for more than two and a half years, operating over 1.3-million-man hours without a Lost Time Incident.



     
  • Environmental:  Through June 30, 2025, Hycroft maintained an impeccable environmental record and was recognized as stewards of successful reclamation.



     
  • Balance Sheet: The Company ended the second quarter with unrestricted cash of $68.8 million, restricted cash of $30.0 million and total debt of $131.0 million.