Golconda Gold Ltd. Releases Financial and Operating Results
From GlobeNewswire: 2025-04-30 18:15:00
Golconda Gold Ltd. released its financial results for 2024, reporting a 38% increase in ore mined and a 22% increase in gold production compared to 2023. The company generated revenue of $13.8 million from the sale of 7,652 contained ounces of gold. CEO Ravi Sood expressed optimism for future production growth in 2025. Golconda Gold is an un-hedged gold producer and explorer with operations in South Africa and New Mexico, committed to world-class standards and community contributions. Cash cost per payable ounce was $1,721 for 2024. Forward-looking information and assumptions are provided in the report.
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