Edition:
India

Teranga Gold Achieves Record Quarterly Production And Lower AISC In Q1 Well-Positioned To Meet FY 2019 Production And Cost Guidance


Friday, 3 May 2019 

May 3 (Reuters) - Teranga Gold Corp ::TERANGA GOLD ACHIEVES RECORD QUARTERLY PRODUCTION AND LOWER AISC IN Q1; WELL-POSITIONED TO MEET FULL YEAR 2019 PRODUCTION AND COST GUIDANCE.TERANGA GOLD CORP - QUARTERLY GOLD PRODUCTION OF 71,946 OUNCES, AN INCREASE OF 12%.TERANGA GOLD CORP - COMPANY IS ON TRACK TO MEET FULL YEAR PRODUCTION AND COST GUIDANCE.TERANGA GOLD CORP QTRLY LOSS PER SHARE $0.03.TERANGA GOLD CORP QTRLY ADJUSTED. EARNINGS PER SHARE $0.2.TERANGA GOLD CORP QTRLY REVENUE $92.1 MILLION VERSUS $86.2 MILLION.TERANGA GOLD CORP - QTRLY NET INCOME AND ADJUSTED NET INCOME NEGATIVELY IMPACTED BY A PENDING TAX ASSESSMENT FOR $10 MILLION.TERANGA GOLD - CONSTRUCTION SCHEDULE FOR CO'S SECOND MINE, WAHGNION, LOCATED IN SOUTHWEST BURKINA FASO, IS ON TRACK.TERANGA GOLD - WAHGNION EXPECTED TO INCREASE CO'S CURRENT CONSOLIDATED ANNUAL GOLD PRODUCTION BY ABOUT 50%. 

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22 Oct 2019