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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

Metals & Mining Gold
Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.


TSX:KRR - Post by User

Karora Resources Inc
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Post by tickerhiton Nov 12, 2020 9:25am
887 Views
Post# 31884076

BRIEF-Karora Announces Record Quarterly Adjusted

BRIEF-Karora Announces Record Quarterly Adjusted
EBITDA Of $23 Million And Record Low AISC Of US$1,044 Per Ounce Since HGO Acquisition
2020-11-12 07:36:44 AM ET (Reuters)
   
   

Nov 12 (Reuters) - Karora Resources Inc:

* KARORA ANNOUNCES RECORD QUARTERLY ADJUSTED EBITDA OF $23 MILLION AND RECORD LOW AISC OF US$1,044 PER OUNCE SINCE HGO ACQUISITION

* KARORA RESOURCES INC - Q3 2020 CONSOLIDATED GOLD PRODUCTION WAS 24,717 OUNCES

* KARORA RESOURCES INC - MAINTAINS ITS 2020 COST GUIDANCE OF US$1,050-US$1,200 PER OUNCE

* KARORA RESOURCES INC - CONTINUES TO TARGET AISC COSTS OF ABOUT US$1,000 PER OUNCE BY END OF 2020

* KARORA RESOURCES INC QTRLY EARNINGS PER SHARE $0.24

* KARORA RESOURCES INC QTRLY ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION OF $0.16 PER SHARE

* KARORA RESOURCES INC QTRLY REVENUE $59.4 MILLION VERSUS $43.1 MILLION Source text for Eikon: Further company coverage:

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