Site icon Hot Paths

Contango ORE plunges after guiding for 25% higher costs at Alaska gold mine (NYSE:CTGO)

A lump of gold on a stone floor

Oat_Phawat/iStock via Getty Images

Contango ORE (NYSE:CTGO) -21.6% to four-year lows in Friday’s trading after providing higher cost guidance for the Manh Choh gold mine in Alaska, which it holds in the Peak Gold joint venture with Kinross Gold (KGC) on a 30/70 basis.

Contango (

Exit mobile version