Rome Resources (RMR ) booked a loss of just under £1.3 million in the year to December 2025.
It was a period of significant development for the company, as it raised £2.1 million to progress with exploration and development work on its portfolio of tin and copper assets in the Democratic Republic of Congo.
Rome closed out 2025 with £1.4 million in the bank, although this year it has raised a further £1.6 million.
Across 2025 the company conducted extensive drilling operations at the Bisie North project and also released a maiden resource.
"The successes of the operations in the DRC during 2025 and into 2026 were marred by the untimely passing of Mark Gasson, co-founder and chief operating officer,” said Paul Barrett, chief executive Rome.
“His guidance and enthusiasm were critical to getting the company to where it is today, with a maiden mineral resource on the Bisie North project and the potential for further upside to this following another drilling campaign that focussed on the Kalayi tin deposit. The maiden mineral resource estimate laid down a marker for the company - strong tin grades from surface in Kalayi and significant copper, zinc and silver alongside tin in Mont Agoma form a basis for resource growth going forward. Exploration operations have continued into 2026 with further drilling and an airborne geophysical survey, the latter designed to identify additional mineral exploration targets along the tin trend and closer to the granite contact. Work started on a small-scale mining operation at Kalayi, which will produce tin from near-surface workings that will provide information for the conversion to a full exploitation licence and valuable technical information about the deposit.”
Barrett also referred to the new tin play the company is pursuing in Eastern Canada. Earlier this year Rome entered into an option arrangement over several claims in the Devonian tin-tungsten-indium play of New Brunswick, adjacent to the historical Mount Pleasant tungsten mine.
“Fieldwork is planned in summer 2026 ahead of a possible drill programme in 2027,” he continued.
“New Brunswick is a resource-friendly jurisdiction with exceptional mineral potential, and we look forward to advancing this early-stage project.”
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Since the December year end Rome’s share price has doubled, as the company has capitalised on renewed enthusiasm for commodities and ongoing drilling success. The presence nearby of Alphamin, one of the world’s biggest tin operations, provides significant comfort that there will eventually be some kind of development on Rome’s DRC properties. It will be interesting to see what the second half of 2026 brings.