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Okvau gold pour, Emerald Resources

Emerald Resources marks milestone gold pour 

Emerald Resources (ASX:EMR) has poured its 1,000th gold bar at its 1.3-million-ounce Okvau Gold Mine in Cambodia. 

Since the mine came into production in June 2021, Emerald has produced over 440,000 ounces of gold.

Cambodia government officials, including Mines Minister Keo Rottanak and Under Secretary of State Yos Mony Rath, attended the celebration at the Okvau operation.

The Okvau mine produced around 22,000 ounces in the September quarter at an all-in sustaining cost (AISC) of about US$1,150 ($1,741) an ounce.

Production was below guidance due to heavy rainfall in September which restricted access to high-grade ore scheduled to be mined and processed at the end of the month.  

Emerald forecasts it will produced 105,000 to 120,000 ounces at an AISC of US$966 an ounce in the 2026 financial year. 

This is expected to be revised with the Okvau underground expansion. 

At the end of the September quarter, Emerald held cash, bullion and listed investments worth $303.6 million. 

Write to Angela East at Mining.com.au 

Images: Emerald Resources
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Written By Angela East
Content Director Angela East is an experienced business journalist and editor with over 15 years spent covering the resources and construction sectors and more recently working as a communications specialist handling media relations for junior resources companies.