Harte Gold slashes guidance following below-target third quarter

Toronto-headquartered Harte Gold, which operates a mine in Ontario, has lowered its guidance for 2019, following below-target production during the third quarter.

The company is now forecast to produce between 24 000 oz and 26 000 oz at an all-in sustaining cost (AISC) of $2 000/oz to $2 200/oz, rather than its previously guided 39 200 oz at an AISC of $1 300/oz and $1 350/oz.