Galiano Gold (“GAU”) has released its Q1 results. These are ‘noisy’ as they reflect a period when the company owned 45% of the Asanko Gold Mine in Ghana, (up to the 4th March), and a period when GAU owned 90% of the mine moving from equity to consolidated accounting. The Q2 results will be cleaner and should reflect the reporting structure moving forward. The company had previously announced Q1 production of 30,386oz of gold with guidance of 140koz-160koz (H&Pe 153koz). All-in Sustaining Cost (“ ....
03 May 2024
Galiano Gold: Q1 - Guidance unchanged, integration noise, cost beat
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Galiano Gold: Q1 - Guidance unchanged, integration noise, cost beat
Galiano Gold (“GAU”) has released its Q1 results. These are ‘noisy’ as they reflect a period when the company owned 45% of the Asanko Gold Mine in Ghana, (up to the 4th March), and a period when GAU owned 90% of the mine moving from equity to consolidated accounting. The Q2 results will be cleaner and should reflect the reporting structure moving forward. The company had previously announced Q1 production of 30,386oz of gold with guidance of 140koz-160koz (H&Pe 153koz). All-in Sustaining Cost (“ ....