Emerald Resources Posts Higher Gold Production in March Quarter

MT Newswires Live

04/23

Emerald Resources' (ASX:EMR) Okvau gold mine operations in Cambodia recorded March quarter gold production of 26,300 ounces at an all-in sustaining cost (AISC) of $897 per ounce, according to a Thursday filing with the Australian bourse.

The mine produced 19,100 ounces of gold in the March 2025 quarter at an AISC of $1,321 per ounce, an earlier filing showed.

The company posted March quarter gold sales of 26,300 ounces at an average gold price of $4,875 per ounce.

Gold sales in March 2025 was 26,300 ounces at an average gold price of $2,861 per ounce.

The company reaffirmed its fiscal 2026 production guidance of 105,000 to 120,000 ounces, with output expected at the lower end of range, at an AISC that is in line with life-of-mine estimates of roughly $966 per ounce, the filing said.

Shares fell nearly 1% in morning trade Thursday.

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