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Metals Produced
As at December 31, 2022
Gold 91.2%
Silver 3.2%
Copper 0%
Lead 2.1%
Zinc 3.5% 

Our assets are in Türkiye, Greece and Canada. In Türkiye, we operate two gold mines located in the western region, Kişladağ and Efemçukuru. In Greece, our Olympias mine is a polymetallic mine that produces gold, silver, lead, and zinc, located in the Halkidiki Peninsula. In Canada, we operate the Lamaque gold mine in Val-d'Or, Quebec. 

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Q2 2023
Q1 2023
Full Year 2022
2023 Outlook
Ounces Produced 109,435 112,533 453,916 475,000 - 515,000
Ounces Sold 110,134 109,817 452,953 N/A
Cash Operating Cost ($/oz)1 791 766 788 760 - 860
All-in Sustaining Costs ($/oz)1 1,296 1,184 1,276 1,190 - 1,290
Growth Capital Expenditures ($M)1 29.0 24.1 100 394 - 437
Sustaining Capital Expenditures ($M)1 26.1 24.8 126.5 114 - 139 
      
Kişladağ, Türkiye
       
Gold Ounces Produced 34,180 37,160 135,801 160,000 - 170,000
Gold Ounces Sold 32,280 37,393 134,213 N/A
Tonnes Processed 3,029,900 3,134,716 11,287,923 12.5 - 13.0 Million
Grade (grams / tonne) 0.76 0.70 0.74 0.70 - 0.75
Cash Operating Cost ($/oz)1 687 708 773 750 - 850
All-in Sustaining Costs ($/oz)1 937 875 1,000 N/A
Growth Capital Expenditures ($M)118.7  18.6 82.5 110 - 120 
Sustaining Capital Expenditures ($M)1 2.8 2.2 14.7 14 - 19 
      
Lamaque, Canada
       
Gold Ounces Produced 38,745 37,884 174,097 170,000 - 180,000
Gold Ounces Sold 39,904 38,643 173,409 N/A
Tonnes Milled 192,087 199,956 833,297 860,000 - 870,000
Grade (grams / tonne) 6.43 6.06 6.65 6.25 - 6.75
Cash Operating Cost ($/oz)1 676 721 642 670 - 770
All-in Sustaining Costs ($/oz)1 1,117 1,217 1,036 N/A
Growth Capital Expenditures ($M)1 4.9 2.7 6.0 37 - 42 
Sustaining Capital Expenditures ($M)1 16.2 17.8 62.8 60 - 70 
      
Efemçukuru, Türkiye
       
Gold Ounces Produced 22,644 19,928 92,707 80,000 - 90,000
Gold Ounces Sold 22,466 19,751 92,758 N/A
Tonnes Milled 138,159 132,989 544,450 530,000 - 550,000
Grade (grams / tonne) 5.85 5.45 5.82 5.50 - 6.00
Cash Operating Cost ($/oz)1 697 869 551 790 - 890
All-in Sustaining Costs ($/oz)1 1,111 1,094 901 N/A
Growth Capital Expenditures ($M)1  1.6 1.9 5.8 4 - 8 
Sustaining Capital Expenditures ($M)1  3.7 2.2 18.8 10 - 15 
      
Olympias, Greece
       
Gold Ounces Produced 13,866 17,561 56,333 60,000 - 75,000
Gold Ounces Sold 15,484 14,030 56,547 N/A
Tonnes Milled  110,140 104,382 395,771 460,000 - 490,000 
Grade (grams / tonne)  7.31 9.13 8.00 7.50 - 8.50 
Cash Operating Cost ($/oz)11,4398981,409980 - 1,080 
All-in Sustaining Costs ($/oz)1  2,036 1,355 2,155 N/A 
Growth Capital Expenditures ($M)13.70.95.83 - 7
Sustaining Capital Expenditures ($M)13.42.530.330 - 35 
By-product Credits ($M)2  15.0 18.1 69.9 N/A 

Note: All amounts are in US$ unless otherwise indicated.  

1These financial measures or ratios are non-IFRS financial measures or ratios. Certain additional disclosure for non-IFRS financial measures and ratios have been incorporated by reference and additional detail can be found at the end of this press release and in the section 'Non-IFRS and Other Financial Measures and Ratios' in the Company's June 30, 2023 MD&A.

2Revenue from silver, lead and zinc sales.