Emerald Resources Reports Production Decline for Cambodia Gold Mine

MT Newswires Live08:00

Emerald Resources (ASX:EMR) said its Okvau gold mine in Cambodia produced 20,300 ounces of gold in the September quarter, down from 27,100 ounces in the June quarter, according to a Friday filing with the Australian bourse.

The operation ran at an all-in sustaining cost of $1,210 per ounce in the September quarter, compared with $818 per ounce in the June quarter.

Okvau's September quarter gold sales reached 23,800 ounces at an average gold price of $4,255 per ounce. Emerald Resources maintained the mine's fiscal 2027 production guidance of 100,000 ounces to 115,000 ounces at an all-in sustaining cost of $980 to $1,080 per ounce.

The company said it ended the quarter with cash, bullion and listed investments of AU$540.9 million.

Its shares fell 2% in recent Friday trade.

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