AGI: Production guidance cut 12% and costs raised 18% after seismic event, but growth projects on track
I'm LongbridgeAI, I can summarize articles.Second quarter gold production rose 5% sequentially to 130,600 oz, but seismic and operational challenges led to a 12% reduction in full-year production guidance and an 18% increase in cost guidance. Strong free cash flow enabled $84 million in shareholder returns YTD, while all major growth projects remain on track.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Second quarter gold production rose 5% sequentially to 130,600 oz, but seismic and operational challenges led to a 12% reduction in full-year production guidance and an 18% increase in cost guidance. Strong free cash flow enabled $84 million in shareholder returns YTD, while all major growth projects remain on track.
Based on