Emerald Resources Reports 27,000 Ounces of Gold Production at Cambodia Mine in June Quarter

MT Newswires Live07:55

Emerald Resources (ASX:EMR) said its Okvau gold mine in Cambodia produced around 27,000 ounces of gold during the June quarter, with output remaining within its quarterly guidance range of 25,000 to 30,000 ounces, according to a Thursday Australian bourse filing.

The company said indicative all-in sustaining costs (AISC) for the quarter are expected to be at the lower end of guidance at about $880 per ounce, per the filing.

The gold production for fiscal year 2026 was around 100,000 ounces, below the 105,000 to 120,000 ounces guidance due to lower output in the early quarters of the year, while AISC is expected to remain broadly in line with guidance at about $966 per ounce, the filing said.

The company remains fully funded, debt-free and unhedged, and is progressing toward producing over 300,000 ounces of gold per year through expansion at Okvau, development of the Memot project in Cambodia, and its first Australian operation at Dingo Range, the filing added.

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