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Bullboard - Stock Discussion Forum Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

Metals & Mining Gold
Steppe Gold Ltd is a Mongolia-focused precious metals company. The Company is focused on operating, developing, exploring and acquiring precious metal projects in Mongolia and Peru. Its projects include Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, and Uudam Khundii UK Project. The ATO Project is located in the territory of Tsagaan Ovoo soum of Dornod province in eastern... see more

TSX:STGO - Post Discussion

Steppe Gold Ltd > Production down, cash costs increasing...ouch
View:
Post by GripnRip on Sep 17, 2023 7:29am

Production down, cash costs increasing...ouch

Did winter arrive early?


Q2-2023 production (from its flagship ATO gold mine in Mongolia) was down 2% QoQ, and 19% lower than our forecast. Cash costs increased 16% QoQ, to $722/oz,

No wonder share price is in toilet
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