GREY:DRGDF - Post by User
Post by
mrmarket1on Jan 15, 2019 5:27pm
108 Views
Post# 29236457
Detour Gold Announces Record Production for Q4 and Full Year
Detour Gold Announces Record Production for Q4 and Full Year 2018 Highlights
- Gold production of 621,128 ounces for the year, above the mid-point of the annual guidance
- Gold production of 158,200 ounces for the fourth quarter, representing best ever quarterly production
- Annual average mill throughput of 56,594 tpd and fourth quarter average of 60,300 tpd
- Annual mining rate of 287,000 tpd and fourth quarter mining rate of 305,000 tpd
- Year-end cash and cash equivalents of approximately $132 million
- Finishing the year with over 4 million hours without a lost time incident (LTI)