Very nice news. They are making good money.
Net income of $31 million;
Cash flow from operations of $77 million;
An increase in gold oxide reserves of 22% to 1 million ounces after mining depletion of more than 260,000 ounces; and
Implementation of mining and other efficiencies that will lead to lower production costs in 2014."
Rio Alto is also increasing its 2014 gold production guidance from a range of 190,000 to 210,000 ounces to a range of 200,000 to 220,000 ounces. From the news