Orosur Mining Inc (OMI)
Orosur Mining cuts output guidance on lower ore grades
Dual-listed Orosur Mining cut its annual output guidance after ore grades fell at its Uruguayan gold project.
The company reduced its production guidance to 27,000-to-30,000 ounces of gold, down from 30,000 ounces.
It also increased operating cash cost guidance to $900-to-$1,000 per ounce, from $800-to-$900.
Production in the third quarter was 6,859 ounces, down 12% on-year.
At 2:38pm: (LON:OMI) Orosur Mining Inc share price was -0.75p at 5.63p
Open a free research account
|Bid / Ask||4.8 / 5|
|Day Range||4.73 / 4.7502|
|52Week Range||4.67 / 19.00|
|Last Update: 16:02:51 (20/04/18)|