Orezone Gold (“ORE”) has reported Q1 production of 30.1koz from the company’s Bomboré mine in Burkina Faso with gold sales of 31.2koz at an average received price of US$2,066/oz for sales of US$64.5m. This was in line with our expectation (H&Pe 30.08koz) and management has maintained guidance for the year. The plant processed 1.355Mt at a grade of 0.78g/t and recoveries of 89%, all in line with our expectation. For the quarter we expect AISC of US$1,221/oz, EBITDA of US$30m and NPAT of US$19.7m. ....
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12 Apr 2024
Orezone Gold Corp: Q1 operational results in line with full year production guidance
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Orezone Gold Corp: Q1 operational results in line with full year production guidance
Orezone Gold Corporation (ORE:TSE) | 0 0 0.0% | Mkt Cap: 31.8m
- Published:
12 Apr 2024 -
Author:
Jonathan Guy -
Pages:
5 -
Orezone Gold (“ORE”) has reported Q1 production of 30.1koz from the company’s Bomboré mine in Burkina Faso with gold sales of 31.2koz at an average received price of US$2,066/oz for sales of US$64.5m. This was in line with our expectation (H&Pe 30.08koz) and management has maintained guidance for the year. The plant processed 1.355Mt at a grade of 0.78g/t and recoveries of 89%, all in line with our expectation. For the quarter we expect AISC of US$1,221/oz, EBITDA of US$30m and NPAT of US$19.7m. ....