Array
(
[date_] => 2020-04-04T13:14:47+00:00
[date] => 2020-03-04T10:04:07+00:00
[company] => Auriant Mining
[type] => Update
[headline] => Tardan CIL at capacity
[description] => In general, shortfalls in production and sales resulted in Auriant reporting a modest loss of $0.6m in Q419, relative to our prior expectation of a modest profit. Of much more importance however is the first meaningful production from the newly commissioned Tardan carbon-in-leach (CIL) plant, which produced 95kg of gold in December and 115kg in January, both of which (pro rata) exceed our expectations of 953kg of production for FY20. As a result, we have left our forecasts for the CIL plant in FY20 and beyond unchanged, while our valuation of Auriant has risen with the appreciation in its share price and depreciation of the rouble.
[url] => https://www.edisoninvestmentresearch.com/research/report/auriant-mining679525/preview/1064/widget-xml
[filename] => SE0001337213Auriant Mining040320update.pdf
[isin] => SE0001337213
[epic] => AUR
)
Array
(
[date_] => 2020-04-04T13:14:47+00:00
[date] => 2020-01-17T09:57:29+00:00
[company] => Auriant Mining
[type] => Outlook
[headline] => Tardan CIL de-risks Kara-Beldyr
[description] => After a few months of delays, Auriant Mining’s Tardan CIL project has now been operating since mid-November. Production guidance for FY19 is 550kg from the Tardan heap leach operation and 150kg from the CIL operation plus c 64.2kg from alluvial operations at Solcocon (total 764.2kg, or 24,570oz). With the CIL plant at full capacity, however, this is expected to increase sharply, to c 29,272oz per year (average) at steady-state, before being supplemented by production of another c 64,041oz per year (average) from Kara-Beldyr from FY24.
[url] => https://www.edisoninvestmentresearch.com/research/report/auriant-mining890533/preview/1064/widget-xml
[filename] => SE0001337213Auriant Mining170120outlook.pdf
[isin] => SE0001337213
[epic] => AUR
)
