Medusa Mining (ASX:MML) met its production guidance for the year to end June, it said, revealing output was 98,539 ounces of the yellow metal.
The firm, which operates the Co-O mine in the Philippines, had guided for between 95,000 and 100,000 ounces.
Next year, it expects to produce between 120,000 and 130,000 ounces as operations at the site are optimised and improved.
In the three months to end June, its fourth quarter, the miner produced 26,542 ounces at a head grade of 6.01 grams per tonne (g/t) gold with AISC (all in sustaining costs) of US$1,076 per ounce.
That was an improvement on the third quarter, which saw 23,940 ounces generated at 5.84 g/t gold with AISC of US$1,073 per ounce.
Medusa sold 29,350 ounces in the quarter compared to 17,169 ounces in the March quarter, while the average gold price received in the latest three months was reduced to US$1,197 from US$1,217 per ounce in the March quarter.