• Ariana Resources MD on beating production guidance for 8th year; upcoming milestones

  • Jan 24 2025
  • Length: 4 mins
  • Podcast

Ariana Resources MD on beating production guidance for 8th year; upcoming milestones

  • Summary

  • Ariana Resources PLC (AIM:AAU) managing director Kerim Sener talked with Proactive's Stephen Gunnion about the company’s production results and ongoing projects. Ariana has exceeded production guidance for the eighth consecutive year at its Zenit mining operation in Turkey, delivering nearly 21,000 ounces of gold in 2024. Sener emphasised that the Kiziltepe processing plant continues to perform well despite its age, aided by additional ore from the Tavsan operation. The company reported gross revenue of $54.70 million, its second-highest ever, bolstered by strong gold and silver prices. Sener noted favourable market conditions, supported by central bank buying and commodity price trends, which he expects to continue into 2025. Sener also highlighted exploration progress in Zimbabwe, with new assay results being integrated into a forthcoming resource model for the Dokwe project. Meanwhile, drilling in Kosovo's Slivova gold project is helping Ariana complete its earn-in to 51% of the project, with further updates expected soon. Sener expressed optimism for 2025, stating, "At the moment, we're hitting all our guidance figures and continuing to do well across exploration and development." For more updates on Ariana Resources, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe to our channel, and enable notifications for the latest news. #ArianaResources #GoldMining #TurkeyMining #ZimbabweExploration #KosovoGold #GoldPrices #GoldRevenue #MiningUpdate #InvestorNews #ProactiveInterviews
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