BAA filings: Cash Cost down to $527 from $819 C
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Posted On: 05/15/2015 1:24:04 AM
BAA filings: Cash Cost down to $527 from $819
Cash costs per ounce on a sales basis for the first quarter of 2015 were $527 per ounce of gold (compared to $819 per ounce of gold for Q1 2014). Cash costs for first quarter of 2015 were lower than the prior year quarter as a result of increased mine and plant productivity as Twangiza achieved steady state production levels and normalized production costs in line with life of mine expectations. Refer to the non-International Financial Reporting Standards (“IFRS”) measures section of this press release for additional information.
http://stocknewsflow.com/1286597_000106299315...-15-002751
Cash costs per ounce on a sales basis for the first quarter of 2015 were $527 per ounce of gold (compared to $819 per ounce of gold for Q1 2014). Cash costs for first quarter of 2015 were lower than the prior year quarter as a result of increased mine and plant productivity as Twangiza achieved steady state production levels and normalized production costs in line with life of mine expectations. Refer to the non-International Financial Reporting Standards (“IFRS”) measures section of this press release for additional information.
http://stocknewsflow.com/1286597_000106299315...-15-002751
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