The latest operational update for Serabi (RNS 15.01.26) underlined what was a stellar year for the company. Production met guidance and increased by 18% year-on-year, with Serabi delivering a total of 44.2koz from its Palito and Coringa operations, including a record 11.5koz in the fourth quarter. The increase in volumes, together with margins enhanced by the stronger gold price, is reflected clearly in the bottom line. Serabi’s cash position at year-end stood at $49.1m, rising to over $54m in e ....
