AuRico Gold Announces Preliminary Production Results For Q114


News: Canadian mining company AuRico Gold has announced the preliminary results of its production in Q114. The reported quarter proved to be the seventh consecutive quarter of record production for the miner, with a 10% quarter-on-quarter (q-o-q) increase and 17% year-on-year (y-o-y) growth in output. The company attributed the growth in production to increased output at its Young-Davidson mine near Matachewan, Canada and the El Chanate mine in Mexico. During the reported quarter, Young-Davidson's output averaged nearly 2,600 tonnes per day (t/d), while El Chanate's production averaged 95,800t/d.

This article is tagged to:
Sector: Mining
Geography: Canada