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

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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

Editors Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of todays must-read news and expert opinions. Sign up here!

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines