IN BRIEF: AltynGold ups quarterly revenue despite severe weather
17th May 2022 05:50
AltynGold PLC - London-based gold mining company with assets in Kazakhstan - Revenue in the first quarter of 2022 soars 43% to USD14.4 million from USD10.1 million the previous year. Despite severe weather conditions, company increases mining production by 2.1% to 134,461 tonnes from 131.733 tonnes and ores milled by 14% to 151,431 tonnes from 132,834 tonnes. Contained gold increases 18% to 8,841 ounces from 7,462 ounces. Average gold grade improves to 2.03 grams per tonne from 1.78 grams per tonne. Gold poured leaps 30% to 8,129 ounces from 6,272 ounces. Read More