Financial targets and outlook

Outlook for the financial year 2024

We estimate that gold production will increase by 15–35 % from 2023.

We expect the financial result to improve from 2023.

Recent development in the gold price and strong short-term market outlook supports the outlook for 2024.No production is expected to take place at the Friday mine.

Ore exploration at the Karelian gold line is an important part of our future operations. During the year, we will actively engage in ore exploration through the reprocessing of old material, till samples and drilling.