Strong Financial Performance
Revenue of $147 million, adjusted net earnings of $46 million, and free cash flow of $71 million, with a consolidated cash balance of $658 million and no debt.
Chelopech Operational Success
Produced 44,000 ounces of gold and 7 million pounds of copper at an impressive all-in sustaining cost of $638 per ounce of gold sold.
Coka Rakita Project Progress
Completion of PFS infill drilling with confirmation of high-grade mineralization and two new high-grade discoveries announced.
Shareholder Returns
Repurchased 3.4 million shares for $28.3 million and paid $21.7 million in dividends, returning 23% of free cash flow to shareholders.