Gold producing junior Anaconda Mining has sold 3 266 oz of gold during the third quarter of the company’s 2016 financial year, generating C$4.98-million in revenue at an average realised price of C$1 527/oz, the company reported on Monday.
For the three months ended February 29, the Pine Cove mill operated for 88 days at an availability rate of 98%, compared with 92% in the third quarter of fiscal 2015. For the quarter, the mill processed 91 370 dry tonnes of ore, an increase of 5% compared with the same quarter a year earlier.
