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gold investing

AuRico Reports Higher Gold Output, Lower Costs

Written by Investing News Network
|
Jul. 12, 2011 08:40AM PST

Reuters reported that second quarter gold production for AuRico (TSE:AUQ) was higher than the same period last year.

Reuters reported that second quarter gold production for AuRico (TSX:AUQ) was higher than the same period last year.

The market news is quoted as saying:

Average realized cash costs at its flagship Ocampo mine in Mexico fell to $340 an ounce from $458 an ounce, the company said. The company also said it expects average costs at the mine this year to be lower than it had expected.

To read the full market news, click here.

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