ALLIED GOLD ANNOUNCES PRELIMINARY 2023 OPERATING RESULTS, 2024 GUIDANCE AND MEDIUM-TERM OUTLOOK, HIGHLIGHTING UPSIDE TO ITS SUSTAINABLE PRODUCTION BASE WITH IMPROVED COSTS AND GROWING MINERAL INVENTOR
The improvements are attributed to the identification of additional Mineral Reserves in Agbalé, as well as mining and plant optimizations. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Where Mineral Resources are stated alongside Mineral Reserves, those Mineral Resources are inclusive of, and not in addition to, the stated Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Cash costs exclude DA, exploration costs, accretion and amortization of reclamation and remediation, and capital, development and exploration spend.
Source: Ethiopian News February 21, 2024 13:15 UTC
