Brigus Gold Corp Reports Third Quarter Results

Brigus Gold Corp. (NYSE:BRD,TSX: BRD) announced their Q3 results.

As quoted in the press release:

Third Quarter 2012 Financial Highlights: Sold 19,064 ounces of gold, a 4% increase over the 18,419 ounces sold in Q2-12 and an 11% increase over the 17,119 ounces sold in Q3-11; reduced cash costs to $728 per ounce, a 10% decrease in cash costs from Q3-11, which totalled $807 per ounce and a 9% decrease in cash costs in Q2-12, which were $799 per ounce.

Brigus’ President and CEO, Wade Dawe, said:

Gold production from the underground mine continues to ramp up and per ounce production costs are trending lower.   We have a strong operational team in place to build on our successes at the Black Fox Mine, while implementing a plan to develop the Grey Fox Mine.  We are confident that quarter four will be our best quarter to date and we look forward to the future with optimism.

To view the whole press release, click here.