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AuRico Gold Reports Third Quarter Financial Results and Confirms Declaration of Commercial Production at Young-Davidson
TORONTO, November 7, 2013 /PRNewswire/ --
AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or the "Company") reports financial results for the three and nine months ended September 30, 2013. The Company will host a conference call on Friday, November 8, 2013 beginning at 8:30 a.m. Eastern Time (details below).
Financial Highlights
For the third quarter, the Company reported the following results:
Revenues of $54.3 million
Operating cash flow before changes in working capital(1) of $21.8 million, or $0.09 per share
Adjusted net earnings(1) of $0.8 million, or $0.00 per share Net earnings of $14.9 million, or $0.06 per share, including reversals of net realizable value adjustments previously recognized of $7.4 million, or $0.03 per share
Production of 48,903 gold ounces(2)
Cash costs of $628 per gold ounce(1) (All amounts are in U.S. dollars, unless otherwise indicated)
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AuRico Gold Announces Initial Resource of 5.5 Million Gold Equivalent Ounces at Kemess East Reserves and Resources of 10.6 Million Gold Equivalent Ounces at Kemess Property TORONTO, Jan. 21, 2015 /CNW/ -
AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or the "Company") today announced an initial National Instrument 43-101 compliant indicated resource of 2.1 million gold equivalent ounces and an inferred resource of 3.4 million gold equivalent ounces at the Kemess East deposit, located one kilometre east of the previously delineated Kemess Underground deposit and 6.5 kilometres north of the Kemess mill facility (see Figure 1).
The Kemess Property is located in north-central British Columbia, Canada, approximately 430 kilometres northwest of Prince George.
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