Trans-Siberian Gold has reported an impressive set of interim results, driven by substantially lower All-in Sustaining Costs (AISC). These reduced 38% to US$850/oz from US$1,370/oz a year ago. As a consequence, EBITDA was up 62% YoY to US$14.4m. And the company has doubled its interim dividend to US$2m (US$0.023/share).
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Interim results deliver substantial cost savings
- Published:
19 Sep 2019 -
Author:
Michael Starke -
Pages:
2
Trans-Siberian Gold has reported an impressive set of interim results, driven by substantially lower All-in Sustaining Costs (AISC). These reduced 38% to US$850/oz from US$1,370/oz a year ago. As a consequence, EBITDA was up 62% YoY to US$14.4m. And the company has doubled its interim dividend to US$2m (US$0.023/share).