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Newfoundland’s only gold producer lifts FY2016 output

TSX-listed Anaconda Mining has lifted its full-year 2016 gold output to a record 16 080 oz of gold, boosted by record ore production from the Point Rousse project and record throughput and availability in the Pine Cove mill despite being challenged by grade.
The volume of gold produced and sold generated full-year revenue of C$24.44-million, at an average sale price of C$1 520/oz.