Orezone Gold Corporation (ORE) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the AutoZone Quarter 2 2025 Results Webcast and Conference Call. I am Franz, and I'll be the operator assisting you today. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star 1 on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I would now like to turn the call over to Patrick Downey, President and CEO. Please go ahead. Thank you. And as the operator said, welcome to Orzones Q2 2025 Financial Operations Webcast Presentation and Conference Call. With me today will be Peter Tam, Executive Vice President and CFO, We 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 Bombore. Gold production was 27,548 ounces. and on track to achieve our 2025 guidance of 115 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 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 ...