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AuRico Gold Announces Preliminary Second Quarter Production Results
Reports Eighth Consecutive Quarter of Record Production Young-Davidson Delivers a 1...
About this update from Auq Gold Mining Inc.
[{"type":"text","content":"\n\n\nReports Eighth Consecutive Quarter of Record Production\n\n\nYoung-Davidson Delivers a 14% Increase in Quarterly Production\n\n\nTORONTO, July 16, 2014 /CNW/ - AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), (\"AuRico\" or the \"Company\") today announces preliminary second quarter\n production results.  All amounts are in U.S. dollars unless otherwise\n indicated. (Results for the second quarter 2014 are estimates only and are subject\n to change.)\n\n\nAuRico is reporting its eighth consecutive quarter of record\n company-wide gold production driven by record production from the\n cornerstone Young-Davidson mine. Period-over-period production growth\n is expected to continue going forward, underpinned by the ongoing\n ramp-up in production at the Young-Davidson mine located in northern\n Ontario.\n\n\nCompany Wide Quarterly Production Growth\n\n\nPreliminary 2014 Second Quarter Operational Results\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nQ1/13\n\n\nQ2/13\n\n\nQ3/13\n\n\nQ4/13\n\n\nQ1/14\n\n\nQ2/141\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\n\n\n\nGold ounces produced2\n\n\n28,281\n\n\n29,252\n\n\n30,099\n\n\n33,106\n\n\n35,104\n\n\n40,166\n\n\n\n\n \n\n\nUnderground cash costs per gold ounce\n\n\n-\n\n\n-\n\n\n-\n\n\n$663\n\n\n$808\n\n\n$803\n\n\n\n\n \n\n\nOpen pit cash costs per gold ounce\n\n\n$694\n\n\n$716\n\n\n$666\n\n\n$983\n\n\n$1,350\n\n\n$974\n\n\n\n\nTotal cash costs per gold ounce3\n\n\n$694\n\n\n$716\n\n\n$666\n\n\n$850\n\n\n$1,009\n\n\n$871\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\n\n\n \n\n\nTonnes mined per day\n\n\n1,130\n\n\n1,611\n\n\n1,417\n\n\n2,590\n\n\n2,611\n\n\n3,595\n\n\n\n\n \n\n\nGrades (g/t)\n\n\n2.7\n\n\n2.5\n\n\n2.8\n\n\n3.1\n\n\n2.8\n\n\n3.3\n\n\n\n\n \n\n\nDevelopment metres\n\n\n1,941\n\n\n2,445\n\n\n2,620\n\n\n2,986\n\n\n3,772\n\n\n3,545\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\n\n\n \n\n\n \n\n\nTonnes processed per day\n\n\n6,466\n\n\n7,017\n\n\n6,747\n\n\n6,969\n\n\n7,163\n\n\n8,230\n\n\n\n\n \n\n\n \n\n\nGrades (incl. open pit stockpile)\n\n\n1.8\n\n\n1.7\n\n\n1.7\n\n\n2.0\n\n\n1.8\n\n...