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Stock impact report

GALIANO GOLD REPORTS 2024 GUIDANCE, PRELIMINARY Q1 OPERATING RESULTS AND A 38% INCREASE IN ABORE M&I MINERAL RESOURCES [Yahoo! Finance]

Gold Fields Limited American Depositary Shares (GFI) 
US:NYSE Investor Relations: goldfields.com/investors.php
Company Research Source: Yahoo! Finance
American: GAU) is pleased to provide 2024 operating and cost guidance, preliminary first quarter operational results and an update on the improved Abore Mineral Resource at the Company's Asanko Gold Mine (the "AGM"), located in Ghana West Africa 2024 Full Year Guidance The AGM is expected to produce between 140,000 to 160,000 ounces at forecast All-In Sustaining Cost ("AISC") of between /oz to /oz. With the AGM now owned 90% by Galiano, production is expected to significantly exceed that of 2023, more than doubling the Company's attributable gold production. AISC is anticipated to be slightly elevated in 2024 primarily due to the waste stripping to access consistent ore feed at Abore, which will benefit future years production. Sustaining capital, exclusive of capitalized waste stripping, is expected to be approximately $10 million in 2024. Growth capital in 2024 is expected to be approximately $20 million and primarily includes plant upgrades (additional Carbon -In-Leach tank Show less Read more
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