Operator
Hello, and welcome to Hochschild Mining’s Interim Results Investor Presentation. Today, we are joined by Eduardo Landin, CEO; Eduardo Noriega, CFO; and Charles Gordon, Head of Investor Relations. Questions are encouraged throughout this webinar and can be submitted via the Q&A box situated in the panel on the right-hand side of your screen.
I will now hand over to Eduardo Landin to begin.
Eduardo Landin
Interim COO, CEO & Executive Director
Welcome to our conference to present the H1 results. I would like to start going to Page #3, please, that — where its key H1 ’25 takeaways. During H1, we have been able to produce 161,000 ounces of gold, which is 6% up compared with 2024. Our revenue has been $520 million. Our adjusted EBITDA went up 27% up to $225 million. All-in sustaining cash cost has been up also to $1,914 per ounce, and we will explain why during this presentation. Our cash position on the 30th of June, it was $110 million; and our net debt, it was $202 million. We have an interim dividend announced of $5.1 million. And the good news about Mara Rosa is that the plan has restarted.
Going into the H2 2025, Mara Rosa reorganization is progressing really well. Management transition is complete. The new head of Brazil is appoint is a — is very well-qualified mining professional with a lot of experience, especially in the area of Goias.
The Royropata: MEIA is advancing. We are now preparing the papers to be presented to the government. Monte Do Carmo, we continue with engineering. We continue trying to monetize
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