Going up! Strong performances at the Bjorkdal and Costerfie Sanders noted that Mandalay's other operations performed well during this stressful time.
Bjorkdal produced 16,112 ounces of gold in the second quarter - a record high production quarter under the firm's ownership.
The group is currently commissioning the flotation expansion project at the Swedish mine, slightly ahead of schedule, which is expected to lead to a 1.7% increase in gold recoveries going forward.
"Costerfield continued its dependable performance with production of 14,300 gold equivalent ounces, up from 12,891 gold equivalent ounces produced in the first quarter of 2017. Production is consistent with the previous three quarters and the current grade profile of the mine.
"We expect Costerfield to deliver within its guidance ranges for the balance of the year," he added.
https://www.proactiveinvestors.com/companies/news/180858/mandalay-resources-bjorkdal-and-costerfield-bolster-production-in-second-quarter-180858.html