Operational DisruptionsMill motor failures and an industry-wide cyanide shortage reduced metallurgical recoveries, lowering production volumes and pressuring near-term output.
Project Economics And CapexHigh development capital requirements and low initial project economics for the Eva project raise execution risk and mean any material value uplift will depend on successful delivery.
Revenue TimingTiming of gold shipments affected revenue recognition and created softness in sales, increasing near-term earnings volatility and forecasting uncertainty.