Safety Milestone Achieved
Gahcho Kué operations have been lost time injury-free for more than a year, approaching 3 million hours without injury. Total recordable injury frequency rate improved significantly year-over-year.
Increased Ore Processing
Processed approximately 14% more tonnes of ore in the first 9 months of 2024 compared to the same period in 2023.
Cost Reduction Success
Unit cost per tonne treated decreased to $112 in 2024 from $142 in 2023, with full year cost guidance between $124 to $136 per tonne treated.
Strong Cash Flow from Operations
Q3 2024 cash flow from operating activities was $56 million, significantly higher than Q3 2023.
Successful Sales Strategy
100% sell-through achieved on all goods offered during Q3 sales, maximizing revenue during challenging market conditions.