Preliminary results Pleasantly pleased with the Q4 and year end results!
Haile output for the quarter has doubled to 48,988 ounces at a much lower AISC. Year over year production there is slightly lower this year and at a slightly higher AISC. But, the gold price is about $300 per ounce higher (meaning that the AISC margin is higher).
As we all know, Didipio has essentially had no impact for the year.
Wahi produced only 19,800 ounces of gold for the year and is expected to be down unit Q2
Macraes production was 42, 600 for Q4 and 144, 500 for the year. That is less than last year, but the AISC margin is higher.
With Martha Underground a couple of months away and the possibility that Didipio can be renegotiated for future replacement of reserves at reasonable margins, things look promising.