Capricorn Metals (ASX:CMM) expects gold production in the fiscal fourth quarter to be similar to the fiscal third quarter, supported by steady mining performance and access to higher-grade ore at its Bibra deposit at its Karlawinda Gold Project in Western Australia, according to a Wednesday filing with the Australian bourse.
The company produced 30,599 ounces of gold at its Karlawinda project in Western Australia in fiscal Q3 ended March, rising from 28,702 gold ounces in the fiscal second quarter ended December 2024.
Production is on track to achieve fiscal year guidance of 110,000 ounces to 120,000 ounces at an all-in sustaining cost of $1,370 to $1,470 per ounce, the filing said.
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