Banro Guidance 2016
Twangiza (oz), full year 110,000 to 120,000
Namoya (oz), full year 100,000 to 110,000
Consolidated (oz), full year 210,000 to 230,000
Cash cost per ounce ($US/oz) 700 to 800
For 2016 the Company expects annual gold production from both Twangiza and Namoya to total 210,000 to 230,000 ounces with the production weighted at approximately 40% in H1 and 60% in H2. At this production level, the Company expects consolidated cash costs in the range of $700 to $800 per ounce with cash costs in the higher range in H1 and falling below the lower range in H2, consistent with production volumes. The site all-in sustaining costs are expected to be in the range of $800 to $900 per ounce with the consolidated all-in sustaining costs in the range of $875 to $950 per ounce
Why are the cash cost and Aisc so extremly increasing??? Any explaination?
