Highlights: Q1 2020 gold production amounted to 278 kg, compared to 86 kg in Q1 2019, an increase of 223%, or 192 kg ; Q1 2020 gold sales amounted to 317 kg, compared to 98 kg in Q1 2019, an increase of 219 kg ; Volume of ore processed through the newly built CIL plant amounted to 100 thousand tonnes with an average grade of 3.04 g/t ; Over the ramp up period, the Company reached projected throughput per working hour and [...]
Auriant Mining AB is pleased to announce that we will take part in Mangold Investor Day which will be held on March 5th at the second floor at the hotel Scandic Anglais. The event starts at 8:30 am and we will deliver our presentation on 10:30 am. We are happy to welcome shareholders, investors and everyone else who wish to learn more about the Company. For more information please contact: Sergey Ustimenko, CEO Tel: +7 [...]
Financial Highlights • Consolidated revenue was US$ 29.8 mln , up 71% YoY ). • Net loss after tax of US$ -1.2 mln decreased by 88% YoY ). • Positive EBITDA was US$ 7.2 mln compared to US$ -1.7 mln in the previous reporting period. • Net cash flow generated from operating activities was US$ 8.9 mln , up 159% YoY ). Operational Highlights • Heap leach gold production amounted to 525 kg , up 50% YoY [...]
Auriant Mining Q4 2019 Interim Report and Online Conference, February 28th 2020 Auriant Mining AB is pleased to announce that the Company’s Q4 2019 interim report will be published on Friday, February 28th. This will be followed by an interactive webcast for analysts and investors with the CEO, Sergey Ustimenko who will be presenting Auriant Mining’s Q4 2019 results as well as hosting a Q&A session. The event [...]
Auriant Mining AB is pleased to announce results of its January 2020 production. CIL plant processed 34 thousand tonnes of ore in January 2020. Gold production amounted to 115 kg of gold as compared to 28 kg in January 2019, an increase of 87 kg, or 310%. Gold sales in January 2020 amounted to 151 kg as compared to 32 kg in January 2019, an increase of 119 kg, or 372%. Average realized gold price in January 2020 was 1,558 [...]
Tardan Operations and Production During 2019, the Company’s main source of ore was the Pravoberezhniy deposit. Total stripping works amounted to 982 thousand m3. Ore mined amounted to 473 thousand tonnes with an average grade of 2.42 g/t . In 2020, the Company will continue mining the Pravoberezhniy deposit. The Company will also undertake stripping works on Ore zone #3 and Ore body #26 of the Tardan deposit in [...]
Auriant Mining AB announces that its total production forecast for 2020 is 900 - 940 kg of gold. Ore to be fed to the new CIL plant will come from the Pravoberezhniy deposit, which has been in operation throughout 2019. Annual throughput of the CIL plant will amount to 350 - 380 thousand tonnes. The ramp-up of the CIL plant is progressing according to plan and at the end of December the plant reached its designed [...]
The Company has learned that the Russian State Service for Supervision of Natural Resource Usage has published an announcement on its website under the heading “The use of subsoil resources by LLC “Tardan Gold” is suspended.” The announcement then states that the subsoil use rights of LLC “Tardan Gold” are restricted by the order of Rosnedra . The Company considers it necessary to [...]
Financial Highlights Consolidated revenue was US$ 20.8 mln , up 88% YoY ). Net loss after tax of US$ -0.6 mln decreased by 93% YoY ). Positive EBITDA was US$ 4.3 mln compared to US$ -2.9 mln in the previous reporting period. Net cash flow generated from operating activities was US$ 6.0 mln , up 179% YoY ). Operational Highlights Heap leach gold production amounted to 429.6 kg , up 108% YoY ). Alluvial gold production [...]
The Board of Directors resolved to approve 19 May 2020 as the date of the 2020 AGM and 31 March 2020 as the closing date for shareholders to submit to the Board issues for inclusion in the notice of the AGM. The 2020 AGM will be held at Näringslivets Hus, Storgatan 19, 114 85 Stockholm. 2020 reporting dates as follows: Annual Report for 2019: April 28th 2020 Interim Report for Q1 2020: May 29st 2020 Interim Report [...]
Financial Highlights Consolidated revenue was US$ 20.8 mln , up 88% YoY ). Net loss after tax of US$ -0.6 mln decreased by 93% YoY ). Positive EBITDA was US$ 4.3 mln compared to US$ -2.9 mln in the previous reporting period. Net cash flow generated from operating activities was US$ 6.0 mln , up 179% YoY ). Operational Highlights Heap leach gold production amounted to 429.6 kg , up 108% YoY ). Alluvial gold production [...]
Auriant Mining AB is pleased to announce that the Company’s Q3 2019 interim report will be published on Friday, November 29th. This will be followed by an interactive webcast for analysts and investors with the CEO, Sergey Ustimenko who will be presenting Auriant Mining’s Q3 2019 results as well as hosting a Q&A session. The event will begin at 14:00 CET . Those who wish to receive an email reminder an hour [...]
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