Brief: Kopy Goldfields Plans Several Exploration Projects In 2021

Kopy Goldfields AB (publ)

28/01/2021 08:26

Jan 28 (Reuters) - Kopy Goldfields AB (publ)  KOPY.ST :
    * KOPY GOLDFIELDS PROVIDES GUIDANCE FOR 2021 GOLD PRODUCTION
AND
CAPEX
    * TARGET IS TO PRODUCE 56 KOZ TO 59 KOZ OF GOLD EQUIVALENT
(GE 1 )
IN 2021, AN INCREASE OF 5-11% COMPARED TO 53.1 KOZ OF GE
PRODUCED IN 2020
    * PLANS CAPITAL EXPENDITURES OF AROUND USD 56 MILLION IN
2021ON
PRODUCTION GROWTH AND EXPLORATION PROJECTS
    * PLANS SEVERAL EXPLORATION PROJECTS IN 2021 WITH A BUDGET
OF
APPROXIMATELY USD 8 MILLION
    * INCREASE IN GOLD PRODUCTION IS PRIMARILY EXPECTED FROM
YUBILEYNIY PROJECT
    * INITIATED CAPITAL CONSTRUCTION, EXPLORATION PROGRAMS TO BE
FINANCED VIA AVAILABLE DEBT FACILITIES AND CASH FLOWS FROM
CURRENT GOLD PRODUCTION

Source text for Eikon:  ID:nBQN1Jc8VS 
Further company coverage:  KOPY.ST 

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