Santana Minerals Sees 1.2 Million Ounces of Gold Output at Bendigo-Ophir Project in New Zealand; Shares Down 6%

MT Newswires Live11-15

Santana Minerals' (NZE:SMI, ASX:SMI) Bendigo-Ophir project in New Zealand is expected to produce 1.2 million ounces of gold from open pit and underground mining based on its pre-feasibility study, the company disclosed in a Friday Australian bourse filing.

The estimate is based on an average all-in-sustaining cost of AU$1,416 per ounce at the current spot price of AU$4,000 per ounce.

Sanatana's board also announced an ore reserve estimate of 15.5 million tonnes at 2.4 grams per tonne of gold for 1.2 million ounces.

The mining company's shares were down almost 6% in recent Friday trade in New Zealand and fell past 1% in Australia.

Price (AUD): $0.65, Change: $-0.04, Percent Change: -5.80%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483361329?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-15 09:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483361329","market":"sg","top_or_hot":-1,"title":"Santana Minerals Sees 1.2 Million Ounces of Gold Output at Bendigo-Ophir Project in New Zealand; Shares Down 6%","media":"MT Newswires Live","content":"<html><body><p> Santana Minerals' (NZE:SMI, ASX:SMI) Bendigo-Ophir project in New Zealand is expected to produce 1.2 million ounces of gold from open pit and underground mining based on its pre-feasibility study, the company disclosed in a Friday Australian bourse filing.</p><p>The estimate is based on an average all-in-sustaining cost of AU$1,416 per ounce at the current spot price of AU$4,000 per ounce.</p><p>Sanatana's board also announced an ore reserve estimate of 15.5 million tonnes at 2.4 grams per tonne of gold for 1.2 million ounces.</p><p>The mining company's shares were down almost 6% in recent Friday trade in New Zealand and fell past 1% in Australia.</p><p>Price (AUD): $0.65, Change: $-0.04, Percent Change: -5.80%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Santana Minerals Sees 1.2 Million Ounces of Gold Output at Bendigo-Ophir Project in New Zealand; Shares Down 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSantana Minerals Sees 1.2 Million Ounces of Gold Output at Bendigo-Ophir Project in New Zealand; Shares Down 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 09:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Santana Minerals' (NZE:SMI, ASX:SMI) Bendigo-Ophir project in New Zealand is expected to produce 1.2 million ounces of gold from open pit and underground mining based on its pre-feasibility study, the...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0426412945.USD","symbol_name":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483361329","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483361329","pubTimestamp":1731634382,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Santana Minerals'  Bendigo-Ophir project in New Zealand is expected to produce 1.2 million ounces of gold from open pit and underground mining based on its pre-feasibility study, the company disclosed in a Friday Australian bourse filing.The estimate is based on an average all-in-sustaining cost of AU$1,416 per ounce at the current spot price of AU$4,000 per ounce.Sanatana's board also announced an ore reserve estimate of 15.5 million tonnes at 2.4 grams per tonne of gold for 1.2 million ounces.The mining company's shares were down almost 6% in recent Friday trade in New Zealand and fell past 1% in Australia.Price : $0.65, Change: $-0.04, Percent Change: -5.80%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"688981":"中芯国际","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","BK4109":"特种化学制品","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","AUD":"Audacy Inc.","NZ20C.NZ":"S&P/NZX 20","MTX":"Minerals Technologies Inc","NZ50G.NZ":"S&P/NZX 50","SMI.AU":"Santana Minerals Ltd","LU2238339852.HKD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (HKD) ACC","T10G.NZ":"S&P/NZX 10","BK7104":"黄金","BK0214":"IT设备","BK4125":"广播","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC"},"translate_title":"Santana Minerals预计新西兰Bendigo-Ophir项目黄金产量为120万盎司；股价下跌6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"688981":0.81,"AUD":1,"T10G.NZ":1,"NZ50G.NZ":1,"NZ20C.NZ":1,"MTX":1,"SMI.AU":0.9},"content_text":"Santana Minerals' (NZE:SMI, ASX:SMI) Bendigo-Ophir project in New Zealand is expected to produce 1.2 million ounces of gold from open pit and underground mining based on its pre-feasibility study, the company disclosed in a Friday Australian bourse filing.The estimate is based on an average all-in-sustaining cost of AU$1,416 per ounce at the current spot price of AU$4,000 per ounce.Sanatana's board also announced an ore reserve estimate of 15.5 million tonnes at 2.4 grams per tonne of gold for 1.2 million ounces.The mining company's shares were down almost 6% in recent Friday trade in New Zealand and fell past 1% in Australia.Price (AUD): $0.65, Change: $-0.04, Percent Change: -5.80%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483361329"}