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AuRico Gold Announces Increased Consolidated Production and Reduced Cash Cost Guidance
Jul. 21, 2011 (Canada NewsWire Group) -- Expansion Programs Underway at the El Chanate and ...
About this update from Alamos Gold Inc.
[{"type":"text","content":"\n\n\n Jul. 21, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nExpansion Programs Underway at the El Chanate and El Cubo Mines\n\n\nTORONTO, July 21, 2011 /CNW/ - AuRico Gold Inc. (TSX:AUQ) (NYSE:AUQ), ("AuRico" or "the Company") is pleased to announce a positive revision\n to its consolidated operational outlook for 2011 that includes an\n increase in production and a reduction in cash cost estimates for 2011.\n The Company is also providing a status update on progress at the El\n Chanate and El Cubo mines.\n\n\nOur improved operational outlook is supported by the robust performance\n continuing to be reported from the flagship Ocampo mine, the expansion\n program that has been implemented at the El Chanate mine and the\n resumption of commercial production at the El Cubo mine on July 11th. AuRico has revised its consolidated operational outlook for 2011,\n including the reduction in cash cost estimates for Ocampo as announced\n on July 12th, as follows:\n\n\n\n\n\n2011 Consolidated Operational Outlook Update\n(Ocampo, El Cubo and El Chanate3)\n\n\n\n\n \n\n\nPrevious Outlook\n\n\nRevised Outlook\n\n\n\n\nGold Production (ounces)\n\n\n167,000 to 189,000\n\n\n175,000 to 195,000\n\n\n\n\nSilver Production (ounces)\n\n\n4,840,000 to 5,555,000\n\n\n4,950,000 to 5,500,000\n\n\n\n\nGold Eq. Production (ounces)1\n\n\n255,000 to 290,000\n\n\n265,000 to 295,000\n\n\n\n\nTotal Cash Costs per Gold Eq. Ounce1,2\n\n\n$455-$485\n\n\n$445-$475\n\n\n\n\n1.  ...