Alacer downgrades guidance

TURKEY miner Alacer Gold has substantially cut its production expectations at its heap leach Çopler project after mining delays in accessing higher grade ore.

Alacer downgrades guidance Alacer downgrades guidance Alacer downgrades guidance Alacer downgrades guidance Alacer downgrades guidance

Production for the year is now forecast to be in the range of 115,000-125,000 ounces at all-in sustaining costs of $US900-950/oz – versus the previous 150,000-170,000oz at $780-830/oz.

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