CAPITAL MARKETS

Lower output, prices put Emperor in the red

EMPEROR Mines suffered a loss of $4.88 million last quarter after the double whammy of lower gold...

Michael Quinn
Lower output, prices put Emperor in the red

Emperor produced 28,025oz at cash costs of $583/oz, generating negative cash flow of $728,000. Geological and technical issues including the ingress of hot water to the higher-grade R1 operational area,...

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