Golden Star Resources Ltd. (GSS) reported fourth-quarter net income attributable to GSR of $9.12 million or $0.04 per share, higher than $7.24 million or $0.03 per share last year.
Cash flow provided by operations grew to $35.63 million or $0.14 per share from $19.49 million or $0.08 per share in the previous year
Gold revenues for the quarter rose at $149.71 million, compared with $118.81 million a year ago.
Analysts polled by Thomson Reuters expected earnings of $0.01 per share on revenue of $154.35 million for the quarter. Analysts' estimates typically exclude special items.
Total gold sold were 87,544 ounces, up from 70,811 ounces last year.
Looking ahead, the company's capital budget for 2013 is estimated at about $141 million including both sustaining and development capital.
Golden Star expects 2013 total gold production to be in the range of 320,000 - 350,000 ounces. Production at Bogoso/Prestea is expected to be within the range of 170,000 - 190,000 ounces of gold, while Wassa/HBB is expected to produce between 150,000 - 160,000 ounces of gold. Cash operating costs are expected to average approximately $1,050 - $1,150 per ounce of gold produced.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.