Brief: Kopy Goldfields Estimates CAPEX For 2020-2025 At About $130 Million

Kopy Goldfields AB (publ)

19/10/2020 14:52

Oct 19 (Reuters) - Kopy Goldfields AB (publ)  KOPY.ST :
    * KOPY GOLDFIELDS ANNOUNCES LONG-TERM PRODUCTION TARGET AND
INVITES TO A CAPITAL MARKETS UPDATE ON OCTOBER 27, 2020
    * ANNOUNCES A PRODUCTION TARGET OF >100 KOZ OF GOLD AND GOLD
EQUIVALENT BY 2025 VIA ORGANIC GROWTH
    * COMPANY ESTIMATES CAPEX FOR 2020-2025 TO AMOUNT TO
APPROXIMATELY
USD 130 MILLION(INCLUDING VAT)
    * KOPY GOLDFIELDS EXPECTS 2020 FULL YEAR PRODUCTION OF GOLD
AND
GOLD EQUIVALENT TO BE WITHIN RANGE OF 52 KOZ TO 54 KOZ, WHICH IS
SLIGHTLY ABOVE 2019 PRODUCTION LEVEL OF 52 KOZ

Source text for Eikon:  ID:nBQN7LF8hZ 
Further company coverage:  KOPY.ST 

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