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Klondex to lift FY2017 output 36%

Gold and silver producer Klondex Mines has forecast a 36% year-on-year increase in output on the back of producing a record 151 007 gold equivalent ounces (GEOs) from its Nevada operations last year, exceeding the high end of management’s guidance range.
“We expect to produce between 210 000 and 225 000 GEOs in 2017, an increase of approximately 36% from the prior year,” CEO Paul Huet stated Thursday, noting that the near-term strategy is focused on organic growth.