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Home » Internet » Karora Announces 21% Increase in Production Guidance for 2021 Following Record Annual Production of 99,249 ounces, Beating 2020 Guidance
Karora Announces 21% Increase in Production Guidance for 2021 Following Record Annual Production of 99,249 ounces, Beating 2020 Guidance Posted by PublisherInternet Tuesday, 19. January 2021
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Karora achieves record gold production of 99,249 ounces and gold sales of 98,646 ounces in 2020
Year-end consolidated cash balance of C$79.5 million, an 18% increase vs. the third quarter, net of a $2 million early debt repayment during the fourth quarter.
Consolidated 2021 Guidance:
– Production of 105,000-115,000 ounces, an increase of over 20% when compared to 2020 production guidance.
-?All-in-sustaining-cost (AISC)1 of US$985-$1,085 per ounce, an 8% reduction compared to 2020 cost guidance (at mid-point) following a robust year of significant cost reductions across Karora?s Australian operations an ....

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