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Which gold miner withdrew its FY22 forecast today, and how are investors responding?

Silver Lake Resources Ltd (ASX:SLR) released a March quarterly activities report today including the production of 53,822 ounces of gold and 262 tonnes of copper during the quarter. Investors are selling out of Silver Lake Resources shares today though after the company withdrew its 2022 full year forecast due to a lack of confidence in predicting operating performance amid labour shortages and related supply chain issues.

Sandfire Resources Ltd (ASX:SFR) also released a March quarter report today. The mining and exploration company announced sales revenue of $343.1 million, an increase in the production of copper, zinc and gold, the completion of the MATSA acquisition and increased its full year guidance. Following the release of the results, shares in Sandfire Resources are soaring over 13%.

AMP Ltd (ASX:AMP) has offloaded its international infrastructure equity business within its Collimate Capital unit to leading global digital infrastructure investment firm, DigitalBridge, in a deal that could provide a total value of $699 million.
Following the announcement, AMP shares are up more than 10%.

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