Endeavour Mining reports lower net earnings in Q3, on track to achieve 2022 guidance

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EndeavourMining Endeavour Mining reports lower net earnings in Q3, on track to achieve 2022 guidance

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According to a press release, the company is well positioned to achieve the top-end of FY2022 group production guidance of 1,315-1,400koz at an AISC guidance of $880-930 per ounce for continuing operations. The company explained that the decreased earnings are attributed to lower gold sales, higher depreciation, higher taxes, and a lower gain on financial instruments compared to the prior period.

 

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