Last checked at 12 Feb 2019 09:10
Serabi Gold employee dies after accident at Brazilian mine
(Sharecast News) - Mining outfit Serabi Gold revealed that an employee at its Palito gold mine in Brazil had died following an accident at the site.
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Serabi Information
Share Price Information for Serabi (SRB)
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Share Price:
61.50
Bid:
61.00
Ask:
62.00
Change:
1.00 (1.64%)
Spread:
1.00 (1.639%)
Open:
61.00
High:
62.00
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Mon, 01st Feb 2016 14:21
(ShareCast News) - Serabi Gold was looking ahead with optimism on Monday, as it updated the market on its third quarter production at its mining operations at Palito and Sao Chico in Brazil.The AIM-traded Brazil-focused gold mining and development company said that, in the final quarter of 2015, it recorded 7,924 ounces of gold production.That made for a year-end gold total of 32,629 ounces for the firm.Serabi's combined mill throughput for the fourth quarter, for both Palito and Sao Chico facilities, totalled 34,848 tonnes. A total of 130,300 was milled during the year.Quarterly mine production was 33,959 tonnes, with 29,953 tonnes from Palito at a grade of 8.84 grams per tonne, and 7,006 tonnes from Sao Chico at a grade of 9.76 grams per tonne.Serabi's progress on its horizontal mine development during the quarter totalled 1,960 metres at Palito and 729 metres at Sao Chico. A total of 9,599 metres of horizontal development was achieved during the year."With almost 33,000 ounces produced in 2015, and four strong quarters of production I feel we can look forward to further growth in 2016", said Serabi CEO Mike Hodgson."With Palito very much in regime, new sectors being opened up and Sao Chico delivering more reliable tonnage and grades, which at times are spectacularly high, it is an exciting time of growth", he added.Serabi Gold said at the end of the quarter, surface stockpiles at both Palito and Sao Chico totalled 16,000 tonnes at a grade of 4.7 grams per tonne of gold.November also saw the commissioning of the Gekko intensive leach reactor, which - in tandem with the Falcom gravity centrifugal concentrator -was working exclusively on the Sao Chico feed to recover gravity gold.Serabi said the installation of the third ball mill was also well underway, with its completion due to come early in the second quarter of 2016."We are providing guidance that gold production for 2016 will be approximately 37,000 ounces", Hodgson concluded.At 1135 GMT, shares in Serabi Gold were up 9.09%, trading at 3p.
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30 Jan 2019 10:30
Serabi Gold upbeat on outcome of recent drilling
(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced on Wednesday that exploration drilling conducted on its wholly-owned Coringa gold project returned multiple high-grade gold intersections on the Serra, Meio and Galena ore zones of the deposit.
Read more17 Jan 2019 09:48
Serabi Gold ends year on high with record quarterly production
(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold released the results and a review of its fourth quarter operational and exploration activities in the Tapajos region of Para State in northern Brazil on Thursday, reporting fourth quarter gold production of 10,256 ounces of gold.
Read more28 Nov 2018 15:53
Serabi Gold excited by survey results at Sao Chico
(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced the completion of a terrestrial induced polarisation (IP) geophysical survey on Wednesday, covering the strike extent of the Sao Chico structural corridor, with a number of "significant" chargeability anomalies identified.
Read more30 Oct 2018 09:20
Serabi Gold makes good progress in northern Brazil
(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on its operational and exploration activities from its Palito Complex in the Tapajos region of Para State in northern Brazil on Tuesday, reporting third quarter production of 8,101 ounces of gold, with production for the year to date totalling 26,852 ounces.
Read more20 Sep 2018 10:51
Serabi Gold appoints Roney Almeida to new COO position
(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced the appointment of Roney Almeida to the newly-established position of chief operating officer on Thursday.
Read more23 Jul 2018 15:04
Serabi Gold pleased with second quarter progress
(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported gold production of 9,563 ounces for the second quarter of 2018 at its Palito Complex high grade gold operation in the Tapajos region of Para State, Northern Brazil on Monday.
Read more20 Jun 2018 10:21
Serabi Gold Reports Fatal Accident At Sao Chico Mine In Brazil
LONDON (Alliance News) - Serabi Gold PLC on Wednesday reported a fatality at its Sao Chico Mine in Brazil in a mining-related accident.The gold exploration company said the fatality the of
Read more14 Nov 2016 12:36
Serabi Gold third quarter revenue almost doubles
(ShareCast News) - Brazil-focused gold mining and development company Serabi Gold reported record gold production for the third quarter of 2016, and cash costs of production for the year to date of $772 per ounce on Monday. The AIM and TSX traded firm reported revenue of $16.21m for the three months
Read more17 Oct 2016 12:27
Serabi Gold reaches record Q3 production at Brazil mines
(ShareCast News) - AIM-listed miner Serabi Gold reached record production for the third quarter at its two Brazil mines. The Palito and Sao Chico gold mines in Para State, northern Brazil reported a record quarterly gold production of 10,233 ounces for the third quarter, up from 9,896 ounces in the
Read more16 Jun 2016 11:43
Serabi Gold 'well on track' to full-year targets
(ShareCast News) - Brazil-focused gold mining and development company Serabi Gold held it annual general meeting on Thursday morning, with CEO Mike Hodgson telling investors that production for the second quarter at the Palito and Sao Chico mines was following the positive trends set in the first qu
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