Gold production from the Tucano project, in Brazil, was expected to improve by between 19% and 31% over 2016, compared with the 2015 production, ASX-listed Beadell Resources said on Monday.
The company told shareholders that the Tucano mine was expected to produce between 145 000 oz and 160 000 oz in the full 2016, at an all-in sustaining cost of between $715oz and $815/oz. This was a decrease of between 19% and 29% over the costs achieved in 2015.
