Business
AuRico Gold Announces Preliminary First Quarter Production Results
Reports Seventh Consecutive Quarter of Record Production TORONTO , April 1, 2014 /...
About this update from Auq Gold Mining Inc.
[{"type":"text","content":"\n\n\nReports Seventh Consecutive Quarter of Record Production\n\n\nTORONTO, April 1, 2014 /CNW/ - AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), (\"AuRico\" or the \"Company\") today announces preliminary first quarter\n production results. All amounts are in U.S. dollars unless otherwise\n indicated. (Results for the first quarter 2014 are estimates only and are subject\n to change.)\n\n\nAuRico is reporting its seventh consecutive quarter of record\n production, representing a 10% increase over the prior quarter and a\n 17% increase over the first quarter of 2013. The solid\n quarter-over-quarter production growth was driven by increased\n production from both our cornerstone Young-Davidson mine and the El\n Chanate mine. Period-over-period production growth is expected to\n continue going forward, underpinned by the ongoing ramp-up in\n production at the Young-Davidson mine located in northern Ontario.\n\n\nRecord Quarter-Over-Quarter Production Growth\n\n\nPreliminary 2014 First Quarter Operational Results\n\n\n\n\n \n\n\nQ1/13\n\n\nQ2/13\n\n\nQ3/13\n\n\nQ4/13\n\n\nQ1/141\n\n\n\n\nYoung-Davidson\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nGold Ounces Produced2\n\n\n28,281\n\n\n29,252\n\n\n30,099\n\n\n33,106\n\n\n35,095\n\n\n\n\nUnderground Mine\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n Tonnes mined per day\n\n\n1,130\n\n\n1,611\n\n\n1,417\n\n\n2,590\n\n\n2,600\n\n\n\n\n Grades (g/t)\n\n\n2.7\n\n\n2.5\n\n\n2.8\n\n\n3.1\n\n\n2.9\n\n\n\n\n Development metres\n\n\n1,941\n\n\n2,445\n\n\n2,620\n\n\n2,986\n\n\n3,400\n\n\n\n\nMill processing facility  \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n  Tonnes processed per day\n\n\n6,466\n\n\n7,017\n\n\n6,747\n\n\n6,969\n\n\n7,150\n\n\n\n\n  Grades (incl. open pit)\n\n\n1.8\n\n\n1.7\n\n\n1.7\n\n\n2.0\n\n\n1.8\n\n\n\n\nEl Chanate\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nGold Ounces Produced\n\n\n17,889\n\n\n18,751\n\n\n18,804\n\n\n16,420\n\n\n19,110\n\n\n\n\nOpen Pit tonnes mined per day\n\n\n106,319\n\n\n98,928\n\n\n87,336\n\n\n98,487\n\n\n95,800\n\n\n\n\nConsolidated Results\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nGold Ounces Produced2\n\n\n46,170\n\n\n48,003\n\n\n48,903\n\n\n49,526\n\n\n54,205\n\n\n\n\n\n1.Data pr...