Cost InflationNear-term cost guidance has increased due to ongoing cost inflation and increased production from Mulatos.
Cost ManagementCosts were higher than expected with cash costs of $1,193/oz, 17% higher than estimates and AISC of $1,805/oz, 10% higher than estimates.
Operational ChallengesTotal cash costs were higher due to lower sales and operational challenges at Young-Davidson and Magnio mill.