Anaconda Mining (TSX: T.ANX, Stock Forum) Wednesday said it sold 3,677 ounces of gold and generated $6,035,734 in revenue at an average sales price of $1,642 per ounce during the fourth quarter. The fourth quarter sales volume and revenue were approximately 12% and 9% greater than the third quarter sales volume and revenue, respectively.
For fiscal 2012, the company sold 11,978 ounces of gold and generated $19,905,756 in revenue at an average sales price of $1,662 per ounce. Compared to fiscal 2011, sales volume and revenue increased 124% and 172%, respectively.