Cost ManagementCash Costs and AISC greatly exceeded expectations, primarily driven by the Nicaragua operations.
Financial FlexibilityGrowth Capital guidance of $70-80M was higher than expectations, which could impact financial flexibility.
Production PerformanceCalibre has lowered its 2024 full year production guidance to 230,000-240,000 ounces of gold, marking an 18% decrease from the midpoint of the company’s original guidance.