{"id":1163623,"date":"2020-02-04T14:05:30","date_gmt":"2020-02-04T20:05:30","guid":{"rendered":"https:\/\/www.mining.com\/?p=1012846"},"modified":"2020-02-04T14:05:30","modified_gmt":"2020-02-04T20:05:30","slug":"alacer-posts-solid-cash-flow-production-in-2019","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1163623","title":{"rendered":"Alacer posts solid cash flow, production in 2019"},"content":{"rendered":"<p>Alacer Gold (TSX: ASR) (ASX: AQG) <a aria-label=\"on Tuesday released (opens in a new tab)\" href=\"https:\/\/www.alacergold.com\/docs\/default-source\/press-releases\/2020-02-04-fy19-results-final.pdf?sfvrsn=4\"  rel=\"noreferrer noopener\">on Tuesday released<\/a> its operating and financial results for the full-year ended December 31, 2019. The company had an \u201cexceptional\u201d year in 2019, generating more than $215 million in unlevered cash flow.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>With its operating foundation set as an intermediate producer, Alacer&#8217;s focus for 2020 is to continue to prioritize free cash flow generation while prudently investing in growth from the \u00c7\u00f6pler district. The company intends to publish a new technical report for \u00c7\u00f6pler later this year. <\/p>\n<p>\u201cWe believe we have an asset base capable of sustaining production of 300,000 to 400,000 ounces of gold per year and delivering incremental asset value to our shareholders,\u201d president and CEO Rod Antal stated in a media release.<\/p>\n<p>Last year, the \u00c7\u00f6pler mine in Turkey produced 391,213 ounces of gold, with 233,567 ounces produced from the company\u2019s sulphide plant and the balance produced from its oxide plant.<\/p>\n<p>Alacer continues to actively explore a number of prospective exploration targets near the \u00c7\u00f6pler mine and across Turkey.<\/p>\n<p>Full-year attributable earnings were $116 million, or $0.39 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alacer continues to actively explore a number of prospective exploration targets near the &Ccedil;&ouml;pler mine and across Turkey.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1163623"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1163623"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1163623\/revisions"}],"predecessor-version":[{"id":1163658,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1163623\/revisions\/1163658"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1163623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1163623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1163623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}