Gran Colombia's production tops 80,000 ounces of gold in the first nine months of 2013
Gran Colombia Gold Corp. (TSX: GCM, OTC:TPRFF) announced today that it produced a total 9,758 ounces of gold and 13,603 ounces of silver in September 2013 from its underground mining operations at Segovia and Marmato in Colombia. This brings total gold production for the third quarter of 2013 to 29,186 ounces, up 8.4 percent over the third quarter last year. For the first nine months of 2013, the company produced a total of 80,687 ounces of gold and 118,087 ounces of silver, up 2.4 percent and 29.7 percent respectively, over the same period in 2012.
Serafino Iacono, Executive Co-Chairman of Gran Colombia, commenting on the production update, said, "We continue to take actions to reduce our all-in sustaining costs while our Segovia expansion project continues on target and we remain on track to meet our 2013 production guidance of 110,000 ounces of gold."
- Published: 15 October 2013
- Written by Editor