ALLIED GOLD ANNOUNCES FIRST QUARTER 2024 RESULTS: ON TRACK FOR IMPROVING PRODUCTION, COSTS AND CASH FLOWS THROUGH THE REMAINDER OF THE YEAR WITH CORPORATE INITIATIVES FURTHER ENHANCING FINANCIAL FLEXIBILITY
Retrieved on:
Thursday, May 9, 2024
AISC, Resource, Kurmuk, WSW, Depreciation, Pushback, FE4, PB5, Growth, Mineral Resources Limited, Engineering, Exercise, Gold, Hire, Allied Gold, Classification, FE3S, Anomaly, Soil, EPCM, Bonikro, FEED, Mining, Oume, S12, Uranium mining
Initiatives undertaken at the end of the fourth quarter, predominantly focused on crushing and screening, continued throughout the quarter and were successfully implemented.
Key Points:
- Initiatives undertaken at the end of the fourth quarter, predominantly focused on crushing and screening, continued throughout the quarter and were successfully implemented.
- Diba continues to progress on plan, and is expected to deliver its first production later in the second quarter.
- During the quarter, exploratory and Mineral Resource drilling programs were conducted on the Sadiola and Diba mining licenses.
- For the three months ended March 31, 2024, Bonikro produced 18,631 ounces compared to 20,038 ounces in the comparative prior period.