Beadell Resources
(ASX:BDR) has maintained production guidance on its Duckhead mining operations.
20,000 ounces from Duckhead have deferred to Beadell’s production profile in the first quarter of calendar year 2016.
As a result, Beadell Resources is forecasting gold sales of 65,000 to 80,000 ounces and AISC between US$850 and US$950 per ounce for the second half of 2015.
The gold producer notes that this guidance will enable cash reserves to be built up as the half year progresses.
Beadell Resources Limited reported a net loss of $30.33 million in its half-year results.
