Highlights 9 months 2023,
Amounts in parentheses refer to the same period in the previous year.
- Gold production in line with the mine plan – 518.1 kg /16,658 oz (610.5 kg /19,630 oz)
- Gold sales 438.5 kg /14,097 oz (689.5 kg /22,168 oz)
- Consolidated revenue
US$ 26.9 mln (US$ 40.4 mln ) - Net loss after tax
US$ -10.2 mln (profitUS$ 9.3 mln ) - EBITDA
US$ 4.7 mln (US$ 14.8 mln ) - Net cash flow generated from operating activities
US$ 3.6 mln (US$ 10.3 mln ) - Average selling price for gold
US$ 1,911 per oz (US$ 1,820 per oz) - As of
1 January 2023 the Group changed its functional currency from the US Dollar to Russian Rouble. For all Russian entities the functional currency is the Russian Rouble (RUB). The functional currency of the parent company is Swedish Krona (SEK). The presentation currency is USD (unchanged). - In
June 2023 , the Group refinanced VTB bank loan, increasing duration of the loan untilSeptember 2025 at new interest rate of central bank key rate plus a margin decreased to 3.15%. Loan principal amount and its currency remained unchanged. - In August the Company had been informed by it's auditor, the accounting firm Öhrlings
PricewaterhouseCoopers AB , that the firm wished to terminate its engagement as the Company’s auditors, for internal policy reasons. In October at the Extraordinary General Meeting ofAuriant Mining AB (publ) was resolved to elect the authorised public accountantJohan Kaijser as the company's new auditor until the end of the next annual general meeting.
Full report is available here
For more information, please contact:
Tel: +7 495 109 02 82
E-mail: d.lange@auriant.com
Company name:
Short name: AUR
ISIN-code: SE0001337213
Website: www.auriant.com
Since
This information is information that
Cautionary Statement: Statements and assumptions made in this report with respect to Auriant Mining AB’s (“AUR”) current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of AUR. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including, but not limited to, (i) changes in the economic, regulatory and political environments in the countries where AUR operates; (ii) changes relating to the geological information available in respect of the various projects undertaken; (iii) AUR’s continued ability to secure enough financing to carry on its operations as a going concern; (iv) the success of its potential joint ventures and alliances, if any; (v) exchange rates, particularly between the Russian rouble and the
Attachments
- 2023-11-30 Release Q3 2023 Interim Report_ENG
- Auriant Q3 2023 Interim Report_ENG final
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