Austral Gold Advances with Key Equipment Repair

Austral Gold Limited (AU:AGD) has released an update.

Austral Gold Limited has announced the repair and upcoming installation of critical HRC 800 equipment at its Guanaco-Amancaya mine, aiming to resolve production delays experienced in the first half of 2024. The repaired machinery is essential for the Heap Reprocessing Project and is expected to help the company meet its production guidance of 17,000 to 18,000 gold equivalent ounces for the year. Austral Gold is focused on enhancing its gold and silver mining portfolio in the Americas through production, exploration, and equity investments.

For further insights into AU:AGD stock, check out TipRanks’ Stock Analysis page.