Galiano Gold increases Mineral Reserves at Abore deposit by 45% to 485,000 ounces in Ghana.
Galiano Gold reported a 45% increase in Mineral Reserves at its Abore deposit in Ghana to 485,000 ounces. In Q2 2024, the company produced 26,437 gold ounces at $1,759 AISC, generating $9.2 million of operating cash flows from the Asanko Gold Mine. The company remains debt-free with $123 million in cash and is revising its full-year production guidance to between 120,000 and 130,000 ounces due to slower ramp-up in mining and lower mill throughput.
August 08, 2024
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