Emerald Resources gains on exceeding gold production guidance at Cambodia mine

Emerald Resources NL

06/01/2025 03:07

** 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))