Brief: China Gold International Resources Posts Qtrly Net Income $78.7 Million

China Gold International Resources

16/05/2023 02:31

May 16 (Reuters) - China Gold International Resources
Corp Ltd  CGG.TO :
    * QTRLY NET INCOME INCREASED BY 10% TO US$78.7 MILLION
    * QTRLY REVENUE DECREASED BY 17% TO US$252.8 MILLION
    * QTRLY TOTAL GOLD PRODUCTION DECREASED BY 10% TO 52,827
OUNCES
    * QTRLY TOTAL COPPER PRODUCTION DECREASED BY 9% TO 44.1
MILLION
POUNDS
    * DURING QUARTER, JIAMA MINE SUSPENDED ITS OPERATIONS WHILE
CO
CONDUCTS REPAIR WORK ON ITS TAILINGS DAM
    * GIVEN UNCERTAINTY OF RESUMPTION DATE OF PRODUCTION AT
JIAMA
MINE, CO WITHDRAWS ANNUAL PRODUCTION GUIDANCE FOR 2023

Further company coverage:  CGG.TO 

 ((Reuters.Briefs@thomsonreuters.com;))