Loading ...Harte Gold cuts 2019 production guidance, ups cost estimate
A delay in the start-up of the paste fill plant and lowerthan-expected underground development rates plagued Harte Gold’s (TSX: HRT; US-OTC: HRTFF) Sugar Zone mine in the third quarter.
The company has cut its yearly production guidance to between 24,000 and 26,000 oz. gold from its previous guidance of 39,200 oz. gold. All-in sustaining costs (AISCs) are forecast to jump to between US$2,000 and US$2,200 per oz., surpassing earlier guidance of US$1,300 to US$1,350 per ounce.