https://www.engineeringnews.co.za

Silver Lake flags solid quarter

4th July 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Gold miner Silver Lake Resources has flagged record quarterly sales results for the fourth quarter ended June, of 83 540 oz, driven by the performance of the Deflector and Mt Monger operations.

This was up from the 62 852 oz sold in the March quarter of this year.

The miner said on Tuesday that full-year sales of 260 370 oz from the two operations were in line with yearly guidance of between 260 000 oz and 275 000 oz previously set, and 3% higher year-on-year.

All-in sustaining costs (AISC) for the fourth quarter werere yet to be finalised, Silver Lake told shareholders, but were expected to be the lowest level for the year, while full-year AISC is expected to be within the guidance range of A$1 950/oz to A$2 050/oz.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Bell Equipment
Bell Equipment

As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.086 1.408s - 140pq - 2rq
Subscribe Now