Mining News: News Nuggets: Kensington gold production falls - October 16, 2016

Providing coverage of Alaska and Northwest Canada's mineral industryOctober 2016

Vol. 21, No. 42

Week of October 16, 2016

Mining News: News Nuggets: Kensington gold production falls

Coeur Mining Inc. Oct. 6 reported that its Kensington Mine in Southeast Alaska produced 26,459 ounces of gold during the third quarter, compared to 32,210 oz. during the previous three months. A blocked tailings line that halted mill production at the end of the third quarter is the primary reason for this 18 percent drop in gold production. Through the first nine months of this year, Kensington has produced 90,643 oz. of gold and Coeur has increased the low end of its 2016 production guidance for the Southeast Alaska mine to 120,000 ounces. Across all of its operations, Coeur produced 3.5 million ounces of silver and 84,871 ounces of gold during the third quarter.

-Shane Lasley

Mining News North - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.miningnewsnorth.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (North of 60 Mining News)(Petroleum News Bakken)(Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.