RE:Look back at Haile mine acquisition from 2015 | 2019 production | 146,131 ozs |
| 2020 production guidance | 135,000 – 175,000 ozs |
This seems to be laready in line with covid update.
The company now expects Haile’s 2020 production to range between
135,000 and 175,000 ounces of gold. Full year production had previously been estimated at between 180,000 and 190,000 ounces.
The Company now expects Haile to produce between 135,000 ounces and 175,000 ounces of gold at a site All-In Sustaining Cost ("AISC") ranging between $1,100 and $1,400 per ounce sold. The Company wishes to note that the resource model remains strongly intact with reconciliation at or above expectations. As such, any high-grade zones previously expected to be accessed in 2020 would be delayed to subsequent quarters.
With this revision, along with the previously announced revision to the Macraes outlook, the Company now expects full year consolidated production of between 295,000 and 345,000 ounces of gold at an AISC range between $1,150 and $1,250 per ounce sold.