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Ariana Resources still mining strongly at Kiziltepe in Turkey

Wednesday, April 15th, 2020

Ariana Resources PLC - Ariana Resources still mining strongly at Kiziltepe in Turkey

Work at the mine has continued uninterrupted through the coronavirus crisis

 Gold miner Ariana Resources  continues to mine strongly from its Kiziltepe mine in Turkey with ore production at a record last quarter and gold output 14% ahead of guidance.

Work at the mine has continued uninterrupted through the coronavirus crisis, said Kerim Sener, managing director with transport restrictions in Turkey not yet affecting the mining sector.

Gold output was 5,129 ounces, with a lower feed grade accounting for the drop from 7,300oz in the comparable three months last year.

Sener said it has upped production to help compensate for this expected reduction in grades from the satellite pits with decent weather helping.

“Production from our highest-grade pit, Arzu South, is due to be completed during Q3 2020 and production thereafter will be focused on Arzu North and Derya.

“In addition, the mine has built up a stockpile of over 130,000 tonnes of ore, sufficient to cover at least eight months of mill feed.”

https://www.proactiveinvestors.co.uk/companies/news/917276/ariana-resources-still-mining-strongly-at-kiziltepe-in-turkey-917276.html
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