Serabi Gold (GB:SRB) has released an update.
Serabi Gold reports a robust financial performance for Q1 2024, with EBITDA doubling to $4.7 million and gold production increasing to 9,007 ounces. Despite a steady cash position due to investments in development, the company anticipates reduced long-term costs and increased mining rates. Key advancements include the delivery of the ore sorter for Coringa and the anticipation of enhanced gold production by Q4 2024.
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