Alacer’s 2013 Attributable Gold Production Up 44 Percent
Alacer Gold Corp. (TSX:ASR,ASX:AQG) yesterday announced preliminary Q4 2013 results for its Turkey-based Copler gold mine. The company also released its results for the entirety of 2013, commenting that it put out a record 216,850 attributable ounces of gold in 2013, 44 percent higher than its 2012 total.
Alacer Gold Corp. (TSX:ASR,ASX:AQG) yesterday announced preliminary Q4 2013 results for its Turkey-based Copler gold mine. The company also released its results for the entirety of 2013, commenting that it put out a record 216,850 attributable ounces of gold in 2013, 44 percent higher than its 2012 total.
Next year, Alacer anticipates attributable gold production of 160,000 to 180,000 ounces.
Rod Antal, CEO of Alacer, commented:
I am pleased with the record performance of our Çöpler Mine in 2013. We delivered on our production targets which continue to demonstrate our operating capabilities. Çöpler’s record gold production was a 44% increase over 2012, primarily driven by a 16% increase in the oxide ore grade and improved operating practices lifting gold recovery rates over the course of the year.
Çöpler’s strong performance  is planned to continue through 2014 with gold production above 200,000 ounces.More importantly, those ounces will be produced at or near the lowest cost in the gold mining industry resulting in strong free cash flow for Alacer.
Click here to read the full Alacer Gold Corp. (TSX:ASR,ASX:AQG) press release.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1841.55 | +2.52 | |
Silver | 21.70 | +0.09 | |
Copper | 4.04 | +0.01 | |
Palladium | 1862.11 | +12.11 | |
Platinum | 937.64 | +5.64 | |
Oil | 111.55 | +1.99 | |
Heating Oil | 4.34 | +0.13 | |
Natural Gas | 6.71 | -0.23 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â