Golden Star Resources Reports Results for the First Quarter 2021
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TORONTO, May 5, 2021 /PRNewswire/ -
Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ( Golden Star or the Company ) reports its financial and operational results for the first quarter ended March 31, 2021. All references herein to $ are to United States dollars.
Q1 2021 HIGHLIGHTS:
Figure 1 - WASSA UNDERGROUND DRILLING – Q1 2021 DRILLING AND FY 2021 PLANNED HOLES: (CNW Group/Golden Star Resources Ltd.)
Q1 2021 production totaled 40.1 thousand ounces ( koz ) from Wassa, in line with Q1 2020 and Q4 2020 performance. The All-In Sustaining Cost ( AISC ) for the period of $1,100 per ounce ( /oz ) was slightly higher than expected as sales lagged production by 3%.
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Vibe Growth Corporation Announces Closing of Palm Springs Dispensary Acquisition
Sacramento, California (Newsfile Corp. - May 4, 2021) - Vibe Growth Corporation (
CSE: VIBE) (
Company or
Vibe ), a vertically integrated California cannabis enterprise, is pleased to announce the closing of its Desert Organic Solutions Collective, Palm Springs dispensary acquisition, previously announced on April 7, 2021. The Palm Springs location will represent Vibe s seventh cannabis dispensary, adding to a portfolio that also includes California locations in Sacramento, Stockton, and Redding with new dispensaries opening in Salinas and Ukiah later this year in addition to its Portland, Oregon dispensary.
The Company intends to upgrade the location to comply with the Vibe brand aesthetic and elevate the customer experience to the Vibe By California level for which its dispensaries are becoming renowned. Both product inventory and product selection will be increased significantly with an emph
Luis da Silva, the Company’s President and CEO stated, “
Fiscal 2020 year was an impressive year for Andean Precious Metals. Our strong cash generation demonstrates the importance of our flagship San Bartolomé operation as a significant primary silver producer even in a volatile price environment and despite the impact of COVID-19 on the operations. We look forward to building on the success of the team during 2021 and beyond, now as a publicly-traded company.”
Revenue for the fourth quarter of 2020 was $55.6 million compared to $23.0 million in the fourth quarter of 2019. Revenue growth was attributable to an increase in silver sales volumes of 60% to 2.0 million ounces in 2020 as well as higher realized prices of $24.99 per ounce of silver in 2020 compared with $18.31 per ounce of silver for the fourth quarter of 2019. Cost of sales, including royalty expenses, remained consistent with the increase in sales volumes and commodity prices, rising from $19.0 million in the fou
Andean Precious Metals Corp.: Andean Precious Metals Issues 2021 Guidance Following Strong Growth in Revenue and Profitability in 2020
Andean or the
Company ), a precious metals production, development and exploration company today reported its operational and financial results for the fourth quarter and year ended December 31, 2020, and issued guidance for fiscal 2021. The Company s common shares began trading on the TSX Venture Exchange as a tier-one issuer on March 29, 2021. All amounts are expressed in U.S. dollars unless indicated otherwise.
FY2020 Highlights
(
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at an all-in sustaining cost of $14.75 per ounce from the wholly owned 1.65 Mtpa San Bartolomé processing plant.
Sales of 6.0 million silver equivalent ounces