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Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and development opportunities in Nicaragua, Central America. In addition to its mining operations in Nicaragua, it also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP), which includes the Eastern Borosi Mines (EBM). It holds a 100% interest in Fiore’s Pan Mine, a producing heap leach gold operation. It owns the adjacent advanced-stage Gold Rock Project and, the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project. It also owns the advanced-stage Valentine Gold Project in Newfoundland and Labrador.


TSX:CXB - Post by User

Comment by geezer21on Feb 25, 2022 8:32am
141 Views
Post# 34460818

RE:Reminder : Calibre Mining Q4 and YE 2021 Financials

RE:Reminder : Calibre Mining Q4 and YE 2021 FinancialsJust in case anyone was not paying attention:

Gold Production up  74%
Revenue was up      74%

CONSOLIDATED RESULTS SUMMARY: Q4 2021 AND FY 2021

Consolidated Financial Results

$'000 (except per share and per ounce amounts, as noted)   Q4 2021     Q4 2020     2021     2020  
Revenue $ 88,109   $ 79,677   $ 328,132   $ 242,748  
Cost of sales, including depreciation and amortization $ (64,850 ) $ (45,086 ) $ (223,883 )   (133,135 )
Mine operating income $ 23,259   $ 34,591   $ 104,249   $ 109,613  
Net income $ 14,649   $ 23,255   $ 58,199   $ 63,413  
Net income per share (basic) $ 0.04   $ 0.07   $ 0.17   $ 0.19  
Net income per share (fully diluted) $ 0.04   $ 0.06   $ 0.16   $ 0.18  
Cash provided by operating activities $ 22,389   $ 28,736   $ 105,600   $ 81,261  
Capital investment in mine development and PPE $ 11,520   $ 12,352   $ 63,029   $ 35,576  
Capital investment in exploration $ 6,710   $ 5,886   $ 21,357   $ 15,472  
Capital investment on acquisition of EBP $ -   $ -   $ -   $ 4,000  
Average realized gold price ($/oz)1 $ 1,791   $ 1,882   $ 1,791   $ 1,793  
Total Cash Costs ($/oz)1 $ 1,026   $ 940   $ 1,013   $ 878  
AISC ($/oz)1 $ 1,139   $ 1,051   $ 1,136   $ 1,043  

 

Consolidated Operating Results

    Q4 2021   Q4 2020   FY 2021   FY 2020  
Ore Mined (tonnes)   559,953   528,213   2,092,598   1,773,971  
Ore Milled (tonnes)   579,891   501,228   1,958,580   1,729,157  
Ore Milled Grade (g/t Au)   2.99   2.81   3.19   2.71  
Au Recovery (%)   90.1 % 90.9 % 91.7 % 91.4 %
Gold Production (ounces)   49,218   42,573   182,755   136,009  
Gold Sales (ounces)   49,207   42,335   183,242   135,357  
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