Auriant Mining AB (publ.) publishes Q2 2021 Interim Report (January - June)
- Consolidated revenue US$ 22.9 mln (H1 2020: US$ 28.4 mln).
- Net profit after tax US$ 3.7 mln (H1 2020: US$ 8.6 mln).
- EBITDA US$ 10.6 mln (H1 2020: US$ 16.8 mln).
- Net cash flow generated from operating activities US$ 10.7 mln (H1 2020: US$ 14.7 mln).
- In June 2021, further improvements of the terms of the VTB loan facility: the interest rate was reduced to 3 months LIBOR plus 3.7% and the compulsory “cash sweep” was canceled.
- Since 1 January 2021, Auriant Mining Group has changed the presentation currency from Swedish krona to U.S. dollars (USD) and presented the Group’s H1 2021 consolidated financial statements in USD.
- Volume of ore processed through the CIL plant amounted to 207 thousand tonnes with an average grade of 2.24 g/t (total gold in processed ore – 463 kg). The CIL plant was operating at projected throughput per working hour (>50 t/hour) and at a higher recovery rate of 92.9%.
- In H1 2021, total gold production was 455 kg (14,626 oz), compared to 521 kg (16,750 oz) in H1 2020, a decrease of 13%, or 66 kg (2,124 oz).
- H1 2021 gold sales were 392 kg (12,598 oz), compared to 537 kg (17,249 oz) in H1 2020, a decrease of 145 kg (4,651 oz), or 27%.
- Average selling price for gold increased by 10% to US$ 1,821 per oz (H1 2020: US$ 1,648 per oz).
- Total cash cost increased by 22% to US$ 705 per oz (H1 2020: US$ 577 per oz). The cost driver was higher stripping volume. H1 2021 stripping was 773.8 thousand m3 (+344.8 thousand m3, or 80% more than in H1 2020).
- 2021 annual total gold production forecast is 900 - 930 kg (28,936 – 29,900 oz). Annual throughput of the CIL plant will amount to 350 - 380 thousand tonnes.
Full report is available here
This will be followed by a ZOOM Conference for analysts and investors with Danilo Lange (CEO), Vladimir Vorushkin (CFO) and Petr Kustikov (COO), who will be presenting Auriant Mining’s H1 2021 results as well as hosting a Q&A session.
The event will begin at 13:00 CET (13:00 Stockholm, 14:00 Moscow, 12:00 London).
To participate in a ZOOM Conference on Monday, August 30th, please send to our email email@example.com the following information: email, name, Company name. We will send the conference ID and passcode by email.
If you have any questions, you can send them to our email: firstname.lastname@example.org.
For more information, please contact:
Danilo Lange, CEO
Tel: +7 495 109 02 82
Company name: Auriant Mining AB
Short name: AUR
Auriant Mining AB (AUR) is a Swedish junior mining company focused on gold exploration and production in Russia, primarily in Zabaikalye and the Republics of Khakassia and Tyva. The company has currently four assets, including two operating mines (Tardan and Staroverinskaya), one early stage exploration asset and one development asset.
Since July 19, 2010, Auriant Mining´s shares are traded on Nasdaq First North Premier Growth Market under the short name AUR. For more information please visit www.auriant.com. Mangold Fondkommission is Certified Adviser to Auriant, for more information please call +46 8 503 015 50, e-mail CA@mangold.se or visit www.mangold.se.
This information is information that Auriant Mining AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 09.20 CET on August 30th, 2021.
Cautionary Statement: Statements and assumptions made in this report with respect to Auriant Mining AB’s (“AUR”) current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of AUR. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including, but not limited to, (i) changes in the economic, regulatory and political environments in the countries where AUR operates; (ii) changes relating to the geological information available in respect of the various projects undertaken; (iii) AUR’s continued ability to secure enough financing to carry on its operations as a going concern; (iv) the success of its potential joint ventures and alliances, if any; (v) exchange rates, particularly between the Russian rouble and the U.S. dollar. In the light of the many risks and uncertainties surrounding any gold production and exploration company at an early stage of its development, the actual results could differ materially from those presented and forecast in this report. AUR assumes no unconditional obligation to immediately update any such statements and/or forecasts. This press release shall not, directly or indirectly, be released, published or distributed in or to the United States, Australia Japan, Canada, New Zealand, Hong Kong, South Africa or other country where such action as a whole or in part is subject to legal restrictions. Nothing in this press release should be considered as an offer to invest or otherwise trade in shares of Auriant Mining AB (publ). The proposed issue will not be directed at residents or those living in the United States, Australia, Japan, Canada, New Zealand, Hong Kong, South Africa or other country where such action would require further prospectus, other offering documentation, registration or other measures beyond those required by Swedish law. No securities will be registered under the United States Securities Act of 1933, a similar law in any state in the United States, or under any provincial law in Canada, nor under the applicable law of another country.
AttachmentsTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Exterro Adds e-Discovery Industry Veteran Clay Cocalis to Spearhead Rapidly Growing Business Unit Responsible for Document Review22.9.2021 14:00:00 CEST | Press release
Latest Version of Revamped Exterro Review Platform Optimized for Entire Legal Ecosystem Including use by Legal Service Providers, and Law Firms and Corporate Legal Departments PORTLAND, Ore., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Exterro Inc. – the preferred provider of Legal GRC software specifically designed for in-house legal, privacy, and IT teams at Global 2000 and AmLaw 200 organizations – today announced it has expanded its business unit in charge of Exterro Review, with the addition of Clay Cocalis as Senior Vice President, Review Software. Mr. Cocalis’ newly minted position at the company represents the significant investment Exterro is placing in Exterro Review. In conjunction with the strategic hire, the company is announcing that it has revamped and optimized Exterro Review to make it more scalable and affordable for the entire legal ecosystem, including legal service providers, law firms and corporate clients. “I’m incredibly excited to welcome Clay to Exterro. He is a distin
Benjamin Hill Releases Inaugural Drill Program Targeting Most Prospective Locations on the Sonora Gold Property22.9.2021 13:30:00 CEST | Press release
VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Benjamin Hill Mining Corp. (CSE: BNN) (OTCBB: BNNHF) (“BHM” or the “Company”) is pleased to announce their inaugural drill program for their never before drilled Sonora Gold property in the Caborca Gold belt of Sonora Mexico. The program consists of 80 strategic drill holes targeting the main mineralized structures in the Caracahui, Caracahui North, Sonora Copper, La Salada and Antenas exploration areas. The 80 sites were selected based on detailed mapping of mineralized structures and very encouraging surface sample assay results. Drill targets have been prioritized to assess areas where surface samples revealed the highest gold values and in locations that are accessible with minimal road building and ground disturbance (Figure 1). Benjamin Hill plans a phased approach to the drill program to maximize the value of the data collected. The exploration areas containing the best assays from surface sampling will be the focus
Millicom Announces Early Participation Results of and Increases the Maximum Acceptance Amount for the Exchange Offer22.9.2021 13:05:00 CEST | Press release
Millicom Announces Early ParticipationResults of and Increases the Maximum Acceptance Amount for the Exchange Offer Luxembourg, September 22, 2021 – In connection with its previously-announced offer to exchange (the “Exchange Offer”) its outstanding 6.625% Senior Notes due 20261 (the “2026 Existing Notes” or “Old Notes”) for 4.500% Senior Notes due 2031 (the “New Notes”), Millicom International Cellular S.A. (the “Company”) (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) announces the results as of the Early Participation Date (as defined below) and increases the Maximum Acceptance Amount (as defined below) for the Exchange Offer to accept all 2026 Existing Notes that were validly tendered and not validly withdrawn by the Early Participation Date (as defined below). Early Participation Date Results The Early Participation Date with respect to the Exchange Offer occurred at 5:00 PM, New York City time, on September 21, 2021 (such time and date, the “Early Participation Date”). According
Van Lanschot Kempen: EGM agrees to Brigitte Boone’s appointment as a member of the Supervisory Board and takes note of the intention to appoint Maarten Edixhoven as a member and Chair of the Management Board22.9.2021 13:00:00 CEST | Press release
’s-Hertogenbosch/Amsterdam, the Netherlands, 22 September 2021 On 22 September 2021, Van Lanschot Kempen’s extraordinary general meeting (EGM) approved the appointment of Brigitte Boone as a member of its Supervisory Board. It was also officially advised of the intention to appoint Maarten Edixhoven as a member and Chair of the Management Board effective 1 October 2021. Frans Blom, Chair of the Supervisory Board, said: “We’re delighted with Brigitte’s appointment and wish her lots of success as a member of our Supervisory Board. On 1 October 2021, we’ll welcome Maarten as the company’s new CEO, which is also when we’ll bid farewell to our current Chair, Karl Guha. “Van Lanschot Kempen’s results and growth in the years under Karl’s leadership tell their own story, but our people’s engagement, entrepreneurialism and sheer drive are unparalleled. We’ll miss Karl as a director and manager, as a colleague, and most of all as a highly inspiring leader. And we are so grateful to him for headi
Solarisbank selects Feedzai as Risk Management Partner22.9.2021 12:53:53 CEST | Press release
Two fintech Unicorns join forces to shape the future of financial services and democratize access to banking in Europe AMSTERDAM, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Feedzai, the world’s leading cloud-based financial risk management platform, and Solarisbank AG, Europe's leading Banking-as-a-Service platform, announced today at Money20/20 Europe a multi-year partnership. The pioneering companies have joined forces to reshape banking, combining the trailblazing transformation that comes with Banking-as-a-Service with the risk management and security that is expected from financial institutions - all while preserving the customer experience. Importantly, the flexibility of Feedzai’s risk management solution means they can scale as Solarisbank grows, helping the company to keep up with a regulatory and geo-political landscape that is in a constant state of flux as well as more comprehensively protect customers from threats. Solarisbank enables any company to offer financial services via AP
Fobi Data Exchange Launches With First Partner, In-Touch Group, A Leading UK Platform Managing Data From 6,000 Independent Convenience Stores22.9.2021 12:00:00 CEST | Press release
In-Touch group will optimize Data With Fobi AI Driven Analytics And Monetize Through Global CPG Brands. Fobi Data Exchange (FDX) Delivers Analytics For Both Convenience Stores and CPG Brands Previously Thought Unattainable VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) (the “Company” or “FOBI”), a global leader in providing real-time data analytics through artificial intelligence to drive operational efficiencies and profitability, is pleased to announce the launch of the Fobi Data Exchange (“FDX”) with its first data monetization agreement and partner, In-Touch Group, a provider of consumer insights and digital marketing to retailers and consumers. In-Touch currently manages a data lake of point-of-sale transactions for approximately 6,000 convenience stores, which is projected to increase to approximately 10,000 stores by the end of 2021. Through FDX, Fobi will optimize and monetize this data by providing Global CPG brands with
RESULT OF RIKSBANK REVERSED AUCTIONS TREASURY BILLS22.9.2021 11:07:00 CEST | Press release
Auction date2021-09-22 LoanDEC 2021IsinSE0015244405Coupon, %0.00Maturity2021-12-15 Tendered volume, SEK mln1,000 +/- 500Offered volume, SEK mln2,800 Volume bought, SEK mln1,000 Number of bids11 Number of accepted bids10 Average yield, %-0.238 %Lowest accepted yield, %-0.288 %Highest yield, %-0.205 %Accepted at lowest yield, %20.00 Auction date2021-09-22 LoanJUN 2022IsinSE0016102057Coupon, %0.00Maturity2022-06-15Tendered volume, SEK mln1,000 +/- 500Offered volume, SEK mln2,000 Volume bought, SEK mln1,000 Number of bids6 Number of accepted bids1 Average yield, %-0.288 %Lowest accepted yield, %-0.288 %Highest yield, %-0.288 %Accepted at lowest yield, %100.00 Auction date2021-09-22 LoanSEP 2022IsinSE0016787204Coupon, %0.00Maturity2022-09-21Tendered volume, SEK mln500 +/- 250Offered volume, SEK mln1,000 Volume bought, SEK mln500 Number of bids3 Number of accepted bids1 Average yield, %-0.311 %Lowest accepted yield, %-0.311 %Highest yield, %-0.311 %Accepted at lowest yield, %100.00