{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Serabi Gold (LSE:SRB) - Increasing Gold Production to 60,000oz","html":"","width":"100%","height":180,"duration":543,"description":"Interview with Mike Hodgson, CEO of Serabi Gold.Our previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-double-production-with-innovative-low-capex-coringa-growth-plan-5396Recording date: 16th July 2024Serabi Gold plc (AIM: SRB, TSX: SBI) is emerging as a compelling investment opportunity in the junior gold mining sector, with operations centered in the prolific Tapajos region of northern Brazil. The company's growth trajectory and strategic positioning make it an attractive prospect for investors seeking exposure to gold production with significant upside potential.At the heart of Serabi's appeal is its ambitious production growth plan. Currently producing 38,000-40,000 ounces of gold annually, the company aims to increase this to over 60,000 ounces per annum by 2026. This growth is primarily driven by the development of the Coringa project, which is expected to nearly double the company's consolidated production by late 2025 or early 2026. Importantly, this expansion is planned with a relatively modest capital expenditure of $15 million, highlighting Serabi's efficient approach to growth.The company's operational foundation is solid, with over a decade of continuous gold production from its Palito Complex. This track record demonstrates Serabi's ability to operate successfully in Brazil and provides a stable base for future expansion. The management team, with deep experience in Brazilian operations, has shown its project development expertise by delivering the Palito Complex on time and on budget.Serabi's growth strategy extends beyond its current operations. The company holds 84,000 hectares of exploration tenements in the highly prospective and under-explored Tapajos gold district. This vast land package offers significant potential for new gold discoveries, which could further boost Serabi's resource base and production capacity. The company is actively pursuing near-mine exploration at both Palito and Coringa, targeting 1 million...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}