Karora Karora reports record gold production in Q3, maintains its improved 2022 guidance
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The company said that its gold production for the first three quarters of 2022 was 96,578 ounces, placing Karora in a strong position to deliver on improved full year consolidated 2022 gold production guidance of 120,000 to 135,000 ounces. Karora explained that the decrease in net earnings was mainly attributable to a materially higher depreciation and amortization as new mining operations commenced at Higginsville, increases in production and processing costs, and higher general and administrative costs.
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