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Serabi lowers full-year guidance

Brazilian focused gold miner Serabi Gold (AIM:SRB) has lowered the full-year 2018 hard rock gold production guidance from its Palito Complex in Northern Brazil to 36,000-37,000 ounces after a delay in processing the large stockpile of surface ore.

Serabi lowers full-year guidance Serabi lowers full-year guidance Serabi lowers full-year guidance Serabi lowers full-year guidance Serabi lowers full-year guidance

Serabi's quarterly mine production for the quarter rose, although grades were lower than expected

It had previously expected output to reach up to 40,000oz.