Rio Alto Exceeds 2014 Gold Production Guidance

Rio Alto Mining Ltd. (TSX:RIO,NYSE:RIOM) announced that during Q4 2014, its La Arena gold mine put out and sold 57,908 ounces of gold. For 2014 as a whole, the company poured 222,255 ounces of gold, which is above guidance.

2015 production and cost guidance for La Arena is as follows:

The Company forecasts its La Arena Gold Mine will produce between 210,000 and 220,000 ounces of gold in 2015 at adjusted operating costs as defined by the World Gold Council (‘WGC’) to be in the range of $570 to $600 per ounce of gold sold. WGC All-in sustaining costs – including selling, general and administrative costs, exploration, and sustaining capital – are forecast to fall within a range of $730 to $765 per ounce and WGC all-in costs within a range of $740 to $775 per ounce for the year.

Click here to read the full Rio Alto Mining Ltd. (TSX:RIO,NYSE:RIOM) press release.