Aurizon Mines (TSX: T.ARZ, Stock Forum) Thursday reported 2012 year-end financial and operational results, this according to a company news release.
Revenue for the year was $224 million from 133,990 ounces of gold sold. Net profit for 2012 was 19 cents a share, compared with 27 cents a share during 2011.
Its Casa Berardi mine in Quebec produced 136,848 ounces of gold in 2012 at total cash costs of US$696 per ounce. Total cash costs in 2011 were US$537 an ounce.
The miner expects Casa Berardi will produce approximately 125,000 to 130,000 ounces of gold in 2013 at an average grade of 7.2 grams per tonne but with total cash costs anticipated to average US$810 per ounce.