Alacer Gold Corp. produced 170,865 ounces of gold in 2018

Company News

by Rachael Jones

Alacer Gold Corp. (ASX:AQG) says they had a productive last quarter producing almost 171 thousand ounces of gold in 2018 at $615 per oxide ounce.

Last year included the first production from the newly constructed sulphide plant.

They have a cash balance of $106 million and debt of $350 million at year end.

Alacer is a leading low-cost intermediate gold producer, with an 80 per cent interest in the world-class Çöpler Gold Mine in Turkey.

Shares in Alacer Gold Corp. (ASX:AQG) are trading 0.74 per cent higher at $2.72.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.