BUZZ-Emerald Resources gains on exceeding gold production guidance at Cambodia mine

Reuters
06 Jan
BUZZ-Emerald Resources gains on exceeding gold production guidance at Cambodia mine

** Shares of gold miner Emerald Resources NL EMR.AX rise as much as 3.3% to A$3.450

** Stock on track for biggest one-day pct gain since mid-Dec

** Co announces it has exceeded its gold production guidance for the quarter at its Okavu mine in Cambodia

** 31,888 ounces of gold produced from the mine, compared to previously announced guidance of 25,000-30,000 ounces

** Quarterly gold sales are at an average of $2,669/oz

** Stock has risen 7.97% in 2024

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com))

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