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Gran Colombia 3Q Gold Output Up 54% Year-On-Year

Kitco News

Gran Colombia Gold Corp. (TSX: GCM) third-quarter gold output totaled 57,163 ounces, which was up 54% from the same period a year ago, the company reports. Gran Colombia also says it still expects to produce between 210,000 and 220,000 ounces in 2018. For the first nine months of the year, production was 162,741 ounces, up 33% over the first nine months of 2017. This brings the trailing 12-months production as of Sept. 30 to 214,439 ounces, up 23% from 2017 production of 173,821 ounces. “This was not only our fourth consecutive quarter with over 50,000 ounces of total gold production for the company, it was our first quarter producing over 50,000 ounces of gold at Segovia alone,” says Serafino Iacono, executive co-chairman. The company also operates the Marmato Mine. Both are in Colombia.

By Allen Sykora of Kitco News; asykora@kitco.com

 

Endeavour Silver Names Shakesby VP For Operations

Monday October 15, 2018 09:23

Nicholas Shakesby has been named the new vice president for operations at Endeavour Silver Corp. (TSX: EDR, NYSE: EXK), the company reports. He will oversee the company’s underground mining operations in Mexico. Shakesby is a senior mining executive who brings to Endeavour over 30 years’ hands-on experience in mining operations, mine planning and project development as well as related executive, technical and administrative expertise. 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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