Looking at Noche Buena production for 2014 vs. 2013 from Fresnilla report 1/28/2015
Noche Buena total mine production (100%)
Sorry table I can't get to reproduce. Bottom line production of Au increased to 129,242 oz. up from 108,727 and reflects FULL Year production. That production number is pretty close to what we have seen modeled for Rancho. Even though Rancho is nearly 4X the size. I think we would all be pretty good with those numbers. Silver production was only 49,000 oz.
Full year attributable gold production (having acquired full control of the Penmont assets) increased 18.9% mainly as a result of an increase in ore deposited (+27.1%) due to the ramp-up to the expanded capacity and the temporary explosives suspension that affected operations in 3Q13. This was partly offset by a lower ore grade (FY14: 0.51 g/t vs FY13: 0.54 g/t).
Quarterly total gold production increased 3.3% on 4Q13 as a result of a higher rate of recovery and ore deposited (+10.9%) reflecting the ramp-up of operations. However, a lower ore grade in line with the mine plan (4Q14: 0.46 g/t vs 4Q13: 0.56 g/t) partially offset these factors.
Quarterly total gold production decreased 10.2% on 3Q14 due to a decrease in the ore grade (4Q14: 0.46 g/t vs 3Q14: 0.50 g/t) and ore deposited (-5.3%), again in line with the mine plan. The above effects were partly offset by higher recovery rates.
In 2015, it is expected that the average gold ore grade at Noche Buena will reach levels of approximately 0.45 g/t.
