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Minefinders Releases Q4 and Year End Results

Investing News Network
Feb. 24, 2012 08:59AM PST
Silver Investing

Minefinders Corporation Ltd. (TSX:MFL,AMEX:MFN) announced fourth quarter and full year operating and financial results.

Minefinders Corporation Ltd. (TSX:MFL,AMEX:MFN) announced fourth quarter and full year operating and financial results.

As quoted in the press release:

Fourth Quarter 2011 Highlights

  • Revenue of $62.0 million on the sale of 37,000 gold equivalent ounces.
  • Gold production of 20,531 ounces.
  • Silver production of 918,737 ounces.

Minefinders’ President and CEO, Mark Bailey said:

We exceeded our production forecast for the year and despite increasing pressures on operating costs being experienced in our industry, we also met our cash cost forecast for 2011.

Click here for the Minefinders Corporation Ltd. (TSX:MFL) press release.

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