TSX-listed issuer Roxgold has increased its full-year guidance by nearly 9% to a range of between 115 000 oz and 125 000 oz of gold, compared with the previous guidance of 105 000 oz to 115 000 oz.
The Toronto-based company, that operates its flagship Yaramoko gold mine, in the Houndé greenstone region of Burkina Faso, said higher-than-expected mining rates and grades at Yaramoko’s 55 Zone, has boosted the production forecast.