Kazakh gold miner Solidcore says Q1 gold production fell by 42%
me-metals: Kazakh gold miner Solidcore Resources Plc said on Monday that its gold-equivalent production in the first quarter of 2025 fell by 42% to 68,000 oz. due to delays in Kyzyl concentrate shipments to Russia’s Amursk pressure oxidation plant.
According to me-metals cited from mining.com, The company, formerly called Polymetal, reiterated its full-year guidance of gold equivalent production at 470,000 oz.
Solidcore, Kazakhstan’s second largest gold miner, said its first quarter sales declined by 67% to 38,000 oz. of gold equivalent after the temporary shipment delays with a strong recovery expected in the second half of 2025 as toll-processing returns to normal conditions.
source: mining.com
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