Orezone Gold Corporation (OTCQX:ORZCF) Q2 2025 Earnings Conference Call August 13, 2025 5:00 PM ET
Company Participants
Patrick Gerard Downey – President, CEO & Director
Peter Tam – Executive VP & CFO
Conference Call Participants
Jeremy Hoy – Canaccord Genuity Corp., Research Division
Operator
Good afternoon, and welcome to the Orezone Quarter 2 2025 Results Webcast and Conference Call. I am Frans, and I’ll be the operator assisting you today. [Operator Instructions] I would now like to turn the call over to Patrick Downey, President and CEO. Please go ahead.
Patrick Gerard Downey
Thank you. And as the operator said, welcome to Orezone’s Q2 2025 Financial Operations Webcast Presentation and Conference Call. With me today will be Peter Tam, Executive Vice President and CFO, who will go through the financial operational highlights for the quarter later on in the presentation. As you see, this is an important notice, including forward-looking statements, please take time to read these at your leisure.
So straight into the Q2 2025 highlights, which was another solid quarter for Bomboré. Gold production was 27,548 ounces and on track to achieve our 2025 guidance of 115,000 to 130,000 ounces for the year. Gold sales were 28,265 ounces for the quarter at an average realized price of $3,338 an ounce, resulting in $94.5 million in revenue. All-in sustaining costs of $830 (sic) [ $1,830 ] per ounce sold. Costs were somewhat impacted by external factors, including royalties, grid power and foreign exchange, which added $236 per ounce to the budget.
Royalties added $92. The grid power interruptions added approximately $99 with FX contributing $45 of that $236. However, I’m happy to state that operations were very solid and all costs were generally within budget for the quarter. Strong financial position for the quarter. We ended the quarter with $72.6 million in cash. We obviously added with the Australian listing. We
Credit: Source link
