Brief: 29Metals Says 2022 Total Capital To Be In Top Half Of Guidance Range

29Metals

21/12/2022 08:03

Dec 21 (Reuters) - 29Metals  29M.AX :
    * 2022 TOTAL CAPITAL AND SITE COSTS EXPECTED TO BE IN TOP
HALF OF
GUIDANCE RANGE
    * 2022 COPPER AND ZINC METAL PRODUCTION ARE EXPECTED TO BE
IN
LOWER HALF OF GUIDANCE RANGE
    * 2022 SELLING COSTS ARE EXPECTED TO BE AT BOTTOM END OF
GUIDANCE
RANGE
    * PRELIMINARY GUIDANCE FOR METAL PRODUCTION IN 2023 COPPER
METAL
PRODUCTION IS EXPECTED TO BE APPROXIMATELY FLAT, YEAR-ON-YEAR
    * ANTICIPATES RETURNING TO NORMAL MILLING RATES AT CAPRICORN
COPPER EARLY IN JUNE 2023 QUARTER
    * PRELIMINARY GUIDANCE FOR METAL PRODUCTION IN 2023 - GOLD
AND
SILVER METAL PRODUCTION ARE EXPECTED TO BE 10-15% LOWER,
YEAR-ON-YEAR
    * PRELIMINARY GUIDANCE FOR METAL PRODUCTION IN 2023 FOR 
ZINC IS
EXPECTED TO INCREASE BY APPROXIMATELY 5-10%, YEAR-ON-YEAR
    * EXPECTS 2022 GOLD AND SILVER METAL PRODUCTION TO BE AT OR
ABOVE
TOP END OF GUIDANCE RANGE

Source text for Eikon:  ID:nASX2HHqzY 
Further company coverage:  29M.AX 
 ((Reuters.Briefs@thomsonreuters.com;))