Array
(
[date_] => 2020-02-21T06:09:06+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
)
Array
(
[date_] => 2020-02-21T06:09:06+00:00
[date] => 2018-12-19T15:09:59+00:00
[company] => Auriant Mining
[type] => Update
[headline] => Tardan CIL >60% complete
[description] => Auriant’s Q318 results were characterised by a resumption of mining at Tardan, with 65kt of ore mined at an average grade of 2.79g/t to produce 96kg (3,087oz) gold during the quarter. As a result, the company expects Tardan to produce 380kg (12,217oz) in FY18, which implies production of 173.8kg (5,588oz) in Q418, 8.6% above its earlier guidance of 350kg (11,252oz). However, heavy rainfall in July led to widespread flooding in the Zabaikalsky region, so production at Solcocon in FY18 is now expected to be 73–75kg (2,347–2,411oz) versus earlier guidance of 150kg (4,823oz). As a result, we have updated our forecasts to reflect revised production guidance as well as a lower gold price in H218 versus H118.
[url] => https://www.edisoninvestmentresearch.com/research/report/auriant-mining/preview/1064/widget-xml
[filename] => SE0001337213Auriant Mining191218update.pdf
[isin] => SE0001337213
[epic] => AUR
)
