Junior gold miner Tietto Minerals has adjusted its production outlook for the second half of 2023 from its Abujar gold mine, in Cote d’Ivoire. The company in July this year achieved commercial production at Abujar, and set a production guidance of between 105 000 oz and 120 000 oz, at an all-in sustaining cost of between $875/oz and $975/oz.
PERTH – Junior gold miner Tietto Minerals has adjusted its production outlook for the second half of 2023 from its Abujar gold mine, in Cote d’Ivoire.
Tietto on Tuesday lowered this guidance to between 75 000 oz and 85 000 oz, to reflect grade control drilling results received over July and August, as well as the lack of stockpiles and the company’s updated reserve model. In August, Tietto produced some 11 191 oz of gold at Abujar, milling more than 400 000 t of ore at an average grade of 0.90 g/t gold.
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