CA - Centamin reports Q3 results; on track to achieve full-year guidance
2023-10-19 02:32:30 ET
- Centamin press release ( OTCPK:CELTF ): Q3 Revenue of $200.4M (-8.1% Y/Y), generated from gold sales of 103,807 oz at an average realised gold price of $1,927/oz sold.
- Total all-in sustaining costs were $131.4 million for the quarter, a 19% improvement Y/Y.
- The total capex in Q3 was $59.1 million and after removing the impact of the waste mining accounting treatment, adjusted capex was $56.5 million.
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Annual guidance on track: Gold production guidance range of 450,000 to 480,000 oz per annum and targeting the lower end.
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Cash cost guidance range of $840-990/oz produced and AISC guidance range of $1,250-1,400/oz sold, now targeting the lower half.
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Capex guidance is maintained at $273 million.
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Centamin reports Q3 results; on track to achieve full-year guidance