Predictive Discovery Posts Higher Gold Production, Sales in June Quarter

MT Newswires Live
Jul 30

Predictive Discovery (ASX:PDI) reported gold production of 64,026 ounces in the June quarter, at an all-in sustaining cost (AISC) of $1,408 per ounce, according to a Thursday filing with the Australian bourse.

Gold sales for the quarter were 48,924 ounces at an average realized price of $4,441 per ounce.

The company began commercial production at the Kiniero Gold Mine in February, producing 48,178 ounces of gold in the March quarter at an AISC of $1,192 per ounce and selling 41,799 ounces at an average realized sales price of $4,806 per ounce.

The company remains on track to achieve its 2026 production guidance of 198,000 to 220,000 ounces of gold, with AISC guidance set at $1,300 to $1,500 per ounce, comprising $1,100 to $1,300 per ounce at the Kiniero project and $2,000 to $2,200 per ounce at the Nampala project.

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