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Austral Gold Boosts Q4 Production While Cutting Costs, Eyes 2025 Growth
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Austral Gold Boosts Q4 Production While Cutting Costs, Eyes 2025 Growth
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Q4 2024 production rose 8.5% to 3,669 gold equivalent ounces (GEOs)
Cash costs (C1) dropped 12.6% to US$1,877/oz; all-in sustaining costs (AISC) down 14.6% to US$2,064/oz
2024 full-year production missed guidance at 15,573 GEOs due to equipment repair delays
2025 production guidance set at 18,000-20,000 GEOs with lower cost targets
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