March 11 (Reuters) - Capricorn Metals (CMM) :
- IMPACT OF TWO WEATHER EVENTS LED LOSS OF MINING SHIFTS TOTALLING IN EXCESS OF 8 FULL DAYS OF MINING IN MARCH QUARTER TO DATE
- LOSS OF MINING SHIFTS AFFECTED MINING CONTRACTOR MACA'S CAPACITY TO DELIVER MATERIAL MOVEMENTS
- IT IS EXPECTED THAT GOLD PRODUCTION IN MARCH QUARTER WILL BE IN ORDER OF 26,000 OUNCES
- STILL EXPECTS ANNUAL GOLD PRODUCTION AT LOWER END OF FY24 GUIDANCE OF 115,000 - 125,000 OUNCES
- EXPECTED FY24 AISC WILL REMAIN WITHIN BUT AT UPPER END OF GUIDANCE OF A$1,270 - 1,370 PER OUNCE
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