Serabi has been a consistent long time operator in Northern Brazil but over the next five years looks set to break out from a 40Kozpa gold producer targeting, from our modelling, c. 70Kozpa by 2026 along with a lower cost base. This is being achieved by maximising potential at its existing operation, the Palito Mine Complex, through the addition of an ore sorter as well as imminent gold production from the Coringa project 200km to the south. With Coringa mine development already started and firs ....
15 Sep 2021
Serabi Gold (AIM: SRB, TSX: SBI) - Initiating Coverage
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Serabi Gold (AIM: SRB, TSX: SBI) - Initiating Coverage
Serabi Gold PLC (SRB:LON) | 63.5 -0.3 (-0.8%) | Mkt Cap: 48.1m
- Published:
15 Sep 2021 -
Author:
David Butler -
Pages:
27
Serabi has been a consistent long time operator in Northern Brazil but over the next five years looks set to break out from a 40Kozpa gold producer targeting, from our modelling, c. 70Kozpa by 2026 along with a lower cost base. This is being achieved by maximising potential at its existing operation, the Palito Mine Complex, through the addition of an ore sorter as well as imminent gold production from the Coringa project 200km to the south. With Coringa mine development already started and firs ....