Golden Star Resources Ltd (GSS)

[BottomBounce]

$GSS Gold production of 194,054 ounces in 2016, in the top half of the guidance range of 180,000 to 205,000 ounces
Gold production by asset in 2016, as follows:
Wassa Main Pit: 93,319 ounces
Wassa Underground Gold Mine ("Wassa Underground"): 11,062 ounces
Prestea Open Pits: 89,673 ounces
Wassa Main Pit: 93,319 ounces
Wassa Underground Gold Mine ("Wassa Underground"): 11,062 ounces
Prestea Open Pits: 89,673 ounces
Gold production of 53,403 ounces during the fourth quarter of 2016, representing Golden Star's strongest quarterly performance of the year
Wassa Underground's mining rates accelerated strongly during the quarter, culminating in the declaration of commercial production on January 1, 2017
Prestea Open Pits achieved record quarterly production for the second consecutive quarter, with production of 24,128 ounces
Cash and cash equivalents balance of $21.7 million as of December 31, 2016, which does not include the receipt of the $10 million scheduled advance payment on January 3, 2017 from RGLD Gold AG (" $RGLD "), a subsidiary of Royal Gold, Inc., pursuant to the gold purchase and sale agreement, as amended, with RGLD
Full year 2017 guidance of:
255,000-280,000 ounces of gold production
$780-$860 per ounce cash operating cost1
$970-$1,070 per ounce All-In Sustaining Cost ("AISC")1
255,000-280,000 ounces of gold production
$780-$860 per ounce cash operating cost1
$970-$1,070 per ounce All-In Sustaining Cost ("AISC")1
https://finance.yahoo.com/news/golden-star-achieves-2016-production-115500432.html